{"data":{"id":"us-tx/tex.-transportation-code-283.208","jurisdiction":"us-tx","citation":"Tex. Transportation Code § 283.208","heading":"RIGHTS OF BONDHOLDERS.","body":"(a) A bond issued under this chapter creates and grants a lien on bond proceeds in favor of a bondholder until the bond is paid.\n(b) In addition to other legal remedies, a bondholder may enforce the bondholder's rights against:\n(1) a county and its employees; and\n(2) a board, including an agent or employee, created to operate the project.\n(c) A bondholder's rights include the right to:\n(1) require the county or board to:\n(A) impose and collect sufficient tolls and other charges to carry out agreements in the bond instrument; and\n(B) perform an agreement, covenant, or duty provided in the bond instrument; and\n(2) apply for and obtain the appointment of a receiver for the project.\nActs 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.","path":["TRANSPORTATION CODE","TITLE 6. ROADWAYS","SUBTITLE D. ROAD LAWS RELATING TO PARTICULAR COUNTIES","CHAPTER 283. CAUSEWAYS, BRIDGES, AND TUNNELS IN CERTAIN COUNTIES","SUBCHAPTER C. PROVISIONS RELATING TO BONDS"],"source_url":"https://statutes.capitol.texas.gov/Docs/TN/htm/TN.283.htm#283.208","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:44Z","sha256":"74b707b3f2c80d1555af95f5d72421347593e873908e0a147e9f33127441bd39","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-transportation-code-283.207","next":"us-tx/tex.-transportation-code-283.209"},"notice":"GroundRules: Original legal text. Not legal advice."}