Tex. Spec. Dist. Local Laws Code § 21.407 · Subchapter I. BONDS
MANDAMUS BY BONDHOLDERS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
A holder of a district bond is entitled, in addition to any other right or remedy provided by law, to a writ of mandamus requiring the district and its officials to observe and perform any covenant, condition, or obligation provided by the order or resolution authorizing issuance of the bond that the district fails to observe or perform, including:
(1) a default in the payment of principal, interest, or redemption price on the bond when due; and
(2) a failure to make payment into any fund created in the order or resolution.
Notes and commentary — not statutory text
History
Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.01, eff. April 1, 2009.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/SD/htm/SD.21.htm
- Text hash
- sha256 7e4ea0932cd818802df4fb8b7ed481cc08f55de300363b5000cb9732584c44ae
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.