Texas § SD.8501.261 - HOLDER OF OBLIGATION MAY COMPEL PERFORMANCE
Full text of Texas The Texas Constitution § SD.8501.261 — HOLDER OF OBLIGATION MAY COMPEL PERFORMANCE, with citation guidance and answers to common questions.
§ SD.8501.261. HOLDER OF OBLIGATION MAY COMPEL PERFORMANCE
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 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. Acts 2003, 78th Leg., ch. 1277, Sec. 1, eff. April 1, 2005.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § SD.8501.261
What does The Texas Constitution § SD.8501.261 cover?
Section SD.8501.261 ("HOLDER OF OBLIGATION MAY COMPEL PERFORMANCE") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § SD.8501.261?
A common citation format is "The Texas Constitution § SD.8501.261" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § SD.8501.261 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.