Indiana Code
Chapter 20. Water Supply Systems
14-33-20-36. Protection of Holders or Trustees

Sec. 36. Subject to contractual limitations binding upon the holders or trustees for the holders of an issue of bonds, notes, or other evidences of indebtedness payable from revenues, including restrictions on the exercise of a remedy to a specified proportion of holders, a holder or trustee of bonds, notes, or other evidences of indebtedness may, for the equal benefit and protection of all holders similarly situated, do the following:
(1) By mandamus or other action:
(A) enforce the rights of the holder or trustee against the board and the board's officers, agents, and employees; and
(B) require the board or officers, agents, or employees to perform:
(i) duties and obligations under this chapter; and
(ii) contracts with the holders.
(2) By action require the board to account as if the board was the trustee of an express trust.
(3) By action enjoin any acts or things that:
(A) are unlawful; or
(B) in violation of the rights of the holders.
(4) Bring suit upon the bonds, notes, or other evidences of indebtedness.
[Pre-1995 Recodification Citation: 13-3-4-14(a).]
As added by P.L.1-1995, SEC.26.

Structure Indiana Code

Indiana Code

Title 14. Natural and Cultural Resources

Article 33. Conservancy Districts

Chapter 20. Water Supply Systems

14-33-20-1. Applicability of Chapter

14-33-20-2. "Commission" Defined

14-33-20-3. "Water Facilities" and "Water Supply" Defined

14-33-20-4. District Electing to Furnish Water Supply for Domestic, Industrial, and Public Use

14-33-20-5. District as Legal Entity

14-33-20-6. Territorial Authority

14-33-20-7. Supplying Water Outside Territorial Authority

14-33-20-8. Commission Setting Hearing; Notice

14-33-20-9. Opposing Petition

14-33-20-10. Commission's Findings After Hearing

14-33-20-11. Municipality or Public Utility Supplying Water

14-33-20-12. Supplying Water to Additional Users Outside Territorial Boundaries; Jurisdiction; Expenses

14-33-20-13. Reasonable and Just Charges for Services; Rates

14-33-20-14. Schedule of Rates and Charges; Regulation

14-33-20-15. "Net Revenues" Defined

14-33-20-16. Resolution Authorizing Bonds, Notes, or Other Evidences of Indebtedness

14-33-20-17. Requirements for Bonds, Notes, or Other Evidences of Indebtedness

14-33-20-18. Execution of Bonds, Notes, or Other Evidences of Indebtedness; Valid and Binding Obligations

14-33-20-19. Validity of Authorization and Issuance of Bonds, Notes, or Other Evidences of Indebtedness

14-33-20-20. Recital of Authority of Bond, Note, or Other Evidence of Indebtedness

14-33-20-21. Sale of Bonds, Notes, or Other Evidences of Indebtedness

14-33-20-22. Bonds, Notes, or Other Evidences of Indebtedness Equally and Ratably Secured by Lien

14-33-20-23. Constitutionally Restricted Bonds or Debts Not Authorized

14-33-20-24. Restrictions on Bonds, Notes, or Other Evidences of Indebtedness

14-33-20-25. Bonds, Notes, or Other Evidences of Indebtedness Issued for Refunding Other Indebtedness

14-33-20-26. District Borrowing Money

14-33-20-27. Tax Exemptions

14-33-20-28. Security of Bonds, Notes, or Other Evidences of Indebtedness

14-33-20-29. Provisions Compromising Parts of Bonds, Notes, or Evidences of Indebtedness

14-33-20-30. Application for Appointment of Receiver of Water Facilities

14-33-20-31. Appointment of Receiver of Water Facilities

14-33-20-32. Receiver Taking Possession of Water Facilities

14-33-20-33. Duties of Receiver

14-33-20-34. Surrender of Possession of Water Facilities by Receiver

14-33-20-35. Court Supervision of Receiver

14-33-20-36. Protection of Holders or Trustees

14-33-20-37. Remedies

14-33-20-38. Discharge of Indebtedness

14-33-20-39. Liberal Construction of Chapter