An obligee of a city shall have the right in addition to all other rights which may be conferred on such obligee, subject only to any contractual restrictions binding upon such obligee:
A. by mandamus, suit, action or proceeding at law or in equity, to compel said city and the officers, agents or employees thereof to perform each and every term, provision and covenant contained in any contract of said city with or for the benefit of such obligee and to require the carrying out of any or all such covenants and agreements of said city and the fulfillment of all duties imposed upon said city by the Municipal Housing Law; and
B. by suit, action or proceeding in equity, to enjoin any acts or things which may be unlawful, or in violation of any of the rights of such obligee of said city.
History: 1953 Comp., ยง 14-46-16, enacted by Laws 1965, ch. 300.
Structure 2021 New Mexico Statutes
Article 45 - Municipal Housing
Section 3-45-1 - Municipal Housing Law; short title.
Section 3-45-2 - Finding and declaration of necessity.
Section 3-45-5 - Creation of authority.
Section 3-45-6 - Prohibited actions.
Section 3-45-7 - Removal of commissioners.
Section 3-45-8 - Eminent domain.
Section 3-45-9 - Operation not for profit.
Section 3-45-10 - Sales, rentals and tenant selection.
Section 3-45-12 - Form and sale of bonds; interest on certain obligations.
Section 3-45-13 - Provisions of bonds and trust indentures.
Section 3-45-14 - Construction of bond provisions.
Section 3-45-15 - Certification of attorney general.
Section 3-45-16 - Remedies of an obligee.
Section 3-45-17 - Additional remedies conferrable to an obligee.
Section 3-45-18 - Exemption of property from execution sale.
Section 3-45-19 - Exemption of property from taxation.
Section 3-45-20 - Aid from state or federal government.
Section 3-45-21 - Cooperation in undertaking housing projects or affordable housing programs.
Section 3-45-22 - Procedure for exercising powers.
Section 3-45-23 - Supplemental nature of the Municipal Housing Law.
Section 3-45-24 - Housing bonds; legal investments; security; negotiable.