Section 8504.303 - Holder of Obligation May Compel Performance(a) A holder of obligations issued under this chapter or of coupons originally attached to the obligations may enforce and compel the board's performance of all duties required by this chapter, including:(1) setting and collecting reasonable and sufficient fees or charges for the use of the authority's improvements and facilities;(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 an action, mandamus, or other proceeding.Tex. Spec. Dist. Loc. Laws § 8504.303
Added by Acts 2013, 83rd Leg. - Regular Session, ch. 112,Sec. 1.04, eff. 4/1/2015.