1-16J-10. Suit to compel performance by holder of revenue bonds, notes, or other instruments issued by authority.
133 words·~1 min read·
/sd/title-1/chapter-1-16/1-16j-10·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Any holder of any revenue bonds, notes, or other instruments issued by the authority may bring suits at law or proceedings in equity to compel the performance and observance by any person or by the authority or any of its agents or employees of any contract or covenant made with the holders of such revenue bonds, notes, or other instruments, to compel such person or the authority or any of its agents or employees to perform any duties required to be performed for the benefit of the holders of any such revenue bonds, notes, or other instruments by the provision of the resolution authorizing their issuance and to enjoin such person or the authority or any of its agents or employees from taking any action in conflict with any such contract or covenant.