§ 54642 Bondholder Enforcement Against Agencies

• •If you own a bond from a local government, you can make them follow their promises.
• •You can take them to court if they don’t do what they agreed to do.
• •This includes making sure the people in charge and their workers do their jobs right.

A city promises to use bond money to fix roads but spends it on something else.

The people who bought the bonds can sue the city to make them fix the roads like they promised.