Texas Statutes
§ 20.076 — ENFORCEMENT OF POLITICAL SUBDIVISION BONDS.
Texas § 20.076
JurisdictionTexas
Code WAWater Code
This text of Texas § 20.076 (ENFORCEMENT OF POLITICAL SUBDIVISION BONDS.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Tex. Water Code Code Ann. § 20.076 (2026).
Text
Sec. 20.076. ENFORCEMENT OF POLITICAL SUBDIVISION BONDS.
(a)If there is a default in the payment of principal of or interest on political subdivision bonds purchased by the authority or any other default as defined in the proceedings or indentures authorizing the issuance of the bonds, the attorney general shall institute appropriate proceedings for mandamus or other legal remedies to compel the political subdivision or its officers, agents, and employees to cure the default by performing those duties that they are legally obligated to perform.
(b)The proceedings shall be brought and venue shall be in a district court of Travis County.
(c)This section is cumulative of any other rights or remedies to which the board may be entitled.
SUBCHAPTER E. BOND PROCEDURES
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Legislative History
Added by Acts 1987, 70th Leg., ch. 728, Sec. 1, eff. June 20, 1987.
Nearby Sections
15
§ 20.001
LEGISLATIVE PURPOSE AND POLICY.§ 20.002
DEFINITIONS AND CONSTRUCTION.§ 20.011
CREATION OF AUTHORITY.§ 20.012
BOARD OF DIRECTORS.§ 20.013
COMPENSATION; REIMBURSEMENT.§ 20.014
ORGANIZATION OF BOARD.§ 20.015
BOARD MEETINGS.§ 20.016
RULES AND RESOLUTIONS.§ 20.017
LIABILITY.§ 20.018
GENERAL FISCAL AUTHORITY.§ 20.019
PROPERTY TAX EXEMPT.§ 20.020
FISCAL YEAR; ANNUAL AUDIT.§ 20.021
AUTHORITY EXPENSES.§ 20.022
SUITS.§ 20.023
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Bluebook (online)
Texas § 20.076, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/WA/20.076.