(a) A holder of obligations issued under this chapter or of coupons originally attached
to the obligations may enforce and compel the performance by the board of all duties
required of the board by this chapter, including:
(1) setting and collecting reasonable and sufficient fees for the use of the improvements
and facilities of the authority;
(2) segregating the income and revenue of the improvements and facilities; and
(3) applying the income and revenue under this chapter.
(b) The holder of the obligations or coupons may act under Subsection (a):
(1) at law or in equity; and
(2) by a suit, action, mandamus, or other proceeding.
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
Was this helpful?
Response sent, thank you
Welcome to FindLaw's Cases & Codes
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.