Rhode Island General Laws 46-15.1-13. Remedies
Any holder of bonds or notes issued under this chapter or of any of the coupons appertaining thereto, and the trustee under a trust agreement or resolution securing the same, except to the extent the rights herein given may be restricted by the trust agreement or resolution, 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 hereunder or under the trust agreement or resolution, and may 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, revising, and collecting of rates and rents. The court may appoint a receiver in any such proceedings.
History of Section.
P.L. 1970, ch. 304, § 1.
Terms Used In Rhode Island General Laws 46-15.1-13
- Trustee: A person or institution holding and administering property in trust.