§ 8-15-2-16 — Rights of bondholders

Indiana § 8-15-2-16

• Jurisdiction: Indiana
• Art. 15: TOLL ROADS
• Ch. 2: Operation and Financing of Toll Roads

Text

Any holder of bonds issued under the
provisions of this chapter or any of the coupons appertaining thereto,
and the trustee under any trust agreement, except to the extent the
rights granted by this chapter may be restricted by any applicable trust
agreement, may:
(1) either at law or in equity, by suit, action, mandamus, or other
proceedings, protect and enforce any and all rights under the laws
of the state or granted by this chapter or under any applicable trust
agreement or the resolution authorizing the issuance of such
bonds; and
(2) enforce and compel the performance of all duties required by
this chapter or by any applicable trust agreement or resolution to
be performed by the authority or by any officer thereof, including
the fixing, charging, and collecting of tolls.
Formerly: Acts 1951, c.281, s.16; Acts 1971, P.L.99, SEC.5. As
amended by Acts 1980, P.L.74, SEC.247; P.L.109-1983,
SEC.21.