§ 10-124. Bonds -- Enforcement of rights and duties  


Latest version.



  •    Except to the extent rights granted by this subtitle are restricted by resolution passed before the issuance of the bonds or by the trust agreement, a holder of a bond issued under this subtitle or a trustee under a trust agreement may sue to:

       (1) protect and enforce rights under the laws of the State, the resolution, or the trust agreement; and

       (2) enforce and compel performance of duties by the Corporation or its officers that this subtitle, the resolution, or the trust agreement requires.


HISTORY: An. Code 1957, art. 83A, § 5-208; 2008, ch. 306, § 2.