Sec. 9. Any owner of bonds issued under this chapter, and the trustee under any trust agreement entered into under this chapter, except to the extent that the trustee's rights are restricted by the trust agreement, may:
(1) either at law or in equity, by suit, action, or other proceeding, protect and enforce any and all rights of such owner of bonds or trustee under state law, or, to the extent permitted by law, under the trust agreement, or under any loan agreement entered into under this chapter; and
(2) enforce and compel the performance of all duties required by this chapter or by any trust agreement or loan agreement entered into under this chapter to be performed by any municipality or by any officer of any municipality.
As added by P.L.23-1984, SEC.18.
Structure Indiana Code
Article 9. Transportation and Public Works
Chapter 32. Financing of Public Improvements in Municipalities
36-9-32-1. Application of Chapter
36-9-32-2. Legislative Findings and Declaration
36-9-32-4. Loan Agreements; Loan of Grant Proceeds; Pledge of Revenues to Secure Bonds
36-9-32-6. Ordinances Approving Issuance of Bonds
36-9-32-8. Trust Indentures to Secure Bonds
36-9-32-9. Enforcement by Owner of Bonds or Trustee
36-9-32-10. Impairment of Rights and Remedies of Owners of Bonds
36-9-32-11. Liability for Property and Special Taxing District Taxes