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§ 441.177 — Texas Law | CourtGPT
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  3. Texas/
  4. Transportation Code - Title 1 - General Provisions/
  5. Title 6 - Roadways/
  6. Subtitle J - Road Utility Districts/
  7. Chapter 441 - Road Utility Districtssub/
  8. Subchapter I - Bonds/
  9. § 441.177
Texas Legal Code

§ 441.177

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A holder of a district bond is entitled, in addition to any other right or remedy provided by state law, to a writ of mandamus requiring the district and its officials to perform any obligation that:(1) is provided by the order or resolution authorizing issuance of the bond; and(2) the district fails to perform, including:(A) defaulting in the payment of principal, interest, or redemption price on the bond when due; and(B) failing to make payment into any fund created in the order or resolution. Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.