Texas Transportation Code
§ 283.208 — RIGHTS OF BONDHOLDERS
TN § 283.208Title 6. ROADWAYS · Part D. ROAD LAWS RELATING TO PARTICULAR COUNTIES · Ch. 283. CAUSEWAYS, BRIDGES, AND TUNNELS IN CERTAIN COUNTIES · Art. C. PROVISIONS RELATING TO BONDS
Statute text
View on source(a)A bond issued under this chapter creates and grants a lien on bond proceeds in favor of a bondholder until the bond is paid.
(b)In addition to other legal remedies, a bondholder may enforce the bondholder's rights against:
(1)a county and its employees; and
(2)a board, including an agent or employee, created to operate the project.
(c)A bondholder's rights include the right to:
(1)require the county or board to:
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Legislative history
Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.