Michigan Compiled Laws
Act 99 of 1954 - International Bridge Authority (254.221 - 254.240)
Section 254.229 - Trust Agreement or Resolution; Enforcement.

Sec. 9.
Any holder of bonds issued under the provisions of this act or any of the coupons appertaining thereto, and the trustee under any trust agreement, except to the extent the rights herein given may be restricted by such trust agreement or the resolution authorizing the issuance of such bonds, may, either at law or in equity, by suit, action, mandamus or other proceeding, protect and enforce any and all rights under the laws of the state or granted hereunder or under such trust agreement or resolution, and may enforce and compel the performance of all duties required by this act or by such trust agreement or resolution to be performed by the authority or by any officer thereof, including the fixing, charging and collecting of tolls.
History: 1954, Act 99, Imd. Eff. Apr. 12, 1954

Structure Michigan Compiled Laws

Michigan Compiled Laws

Chapter 254 - Bridges

Act 99 of 1954 - International Bridge Authority (254.221 - 254.240)

Section 254.221 - International Bridge Authority; Definitions.

Section 254.222 - Revenue Bonds; Statement, Expenses.

Section 254.223 - International Bridge Authority; Powers and Duties; Value of Assets; Efficiencies.

Section 254.223a - Expenditure From Bridge Revenues; Purposes; Payment.

Section 254.224 - Real Property; Purchase and Conveyance by City of Sault Ste. Marie; Condemnation Proceedings; Title; Removal of Property.

Section 254.225 - Revenue Bonds; Issuance, Principal and Interest Payments, Date, Form, Signatures, Coupon or Registered, Sale, Approval, Proceeds, Use; Interim Receipts or Temporary Bonds.

Section 254.226 - Revenue Bonds; Secured by Trust Agreement, Pledge, Provisions, Indemnifying Bonds, Expenses, Approval.

Section 254.227 - Tolls; Collection; Contracts With Public Utilities; Appropriation of Revenue; Supervision and Regulation; Sinking Fund; Pledge.

Section 254.228 - Trust Funds; Depository Acting as Trustee.

Section 254.229 - Trust Agreement or Resolution; Enforcement.

Section 254.230 - Bonds; Negotiable Instruments.

Section 254.231 - Purpose of Project; Taxation.

Section 254.232 - Bonds Made Securities.

Section 254.233 - Revenue Refunding Bonds; Purpose, Regulation.

Section 254.234 - Vehicular Traffic Facilities; Covenant With Bondholders; Limitations.

Section 254.235 - Authorization for Action; Project Maintenance and Operation, Report to Governor, Failure to Pay Tolls, Surveying.

Section 254.236 - Bonds; Final Payment; Disposition of Property; Dissolution of Authority; Assumption of Powers and Responsibilities; Use of Property and Funds; Surveys and Studies; Availability of Data.

Section 254.237 - Powers; Supplemental and Additional.

Section 254.238 - Construction of Act.

Section 254.239 - Repealed. 2000, Act No. 243, Imd. Eff. June 29, 2000.

Section 254.240 - Repeal.