Rhode Island General Laws 45-33.2-14. Remedies of bondholders and noteholders
Any holder of bonds or notes issued under this chapter, or of any of the coupons appertaining to those bonds and notes, and the trustee under any trust agreement securing the bonds or notes, except to the extent the rights herein given may be restricted by any agreement securing the bonds or notes, may bring suit upon the bonds, notes, or coupons and may, 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 under this chapter or under any agreement, and may enforce or compel the performance of all duties required by this chapter or by an agreement to be performed by the city or town or by any city or town officer.
History of Section.
P.L. 1984, ch. 78, § 1.
Terms Used In Rhode Island General Laws 45-33.2-14
- town: may be construed to include city; the words "town council" include city council; the words "town clerk" include city clerk; the words "ward clerk" include clerk of election district; the words "town treasurer" include city treasurer; and the words "town sergeant" include city sergeant. See Rhode Island General Laws 43-3-9
- Trustee: A person or institution holding and administering property in trust.