Indiana § 8-5-15-14 Actions by bondholders or trustee; protection and enforcement of
rights; enforcement and compelling performance of duties under
chapter

Indiana Statutes

§ 8-5-15-14 — Actions by bondholders or trustee; protection and enforcement of rights; enforcement and compelling performance of duties under chapter

Indiana § 8-5-15-14

Art. 5COMMUTER RAILWAYS

Ch. 15Commuter Transportation Districts

This text of Indiana § 8-5-15-14 (Actions by bondholders or trustee; protection and enforcement of rights; enforcement and compelling performance of duties under chapter) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 8-5-15-14 (2026).

Text

Any holder of bonds issued under this chapter and the trustee under any trust agreement, except to the extent the rights granted by this chapter may be restricted by the authorizing resolution or trust agreement, may, either at law or in equity, by suit, action, mandamus, or other proceedings:

(1)protect and enforce all rights under Indiana law or granted under this chapter or under the trust agreement, or the resolution authorizing the issuance of the bonds; and

(2)enforce and compel the performance of all duties required by this chapter or by the trust agreement or resolution to be performed by the board or by any officer thereof, including the fixing, charging, and collecting of fees, tolls, rentals, or other charges for the use of the railroad or railroad project.

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Any holder of bonds issued under this chapter
and the trustee under any trust agreement, except to the extent the
rights granted by this chapter may be restricted by the authorizing
resolution or trust agreement, may, either at law or in equity, by suit,
action, mandamus, or other proceedings:
(1) protect and enforce all rights under Indiana law or granted
under this chapter or under the trust agreement, or the resolution
authorizing the issuance of the bonds; and
(2) enforce and compel the performance of all duties required by
this chapter or by the trust agreement or resolution to be
performed by the board or by any officer thereof, including the
fixing, charging, and collecting of fees, tolls, rentals, or other
charges for the use of the railroad or railroad project.