§ 11708 Bondholder Enforcement Of Duties
This law says that if the government sells bonds to build something (like a road or a school), the people who bought those bonds can make sure the government does what it promised with the money.
The government sells bonds to build a new park but then spends the money on something else.
The people who bought the bonds can go to court and force the government to use the money for the park like they said they would.
AI-generated — May contain errors. Not legal advice. Always verify source.
§ 11708 Bondholder Enforcement Of Duties
Last verified: January 11, 2026