Any holder or holders of bonds, including a trustee or trustees for holders of such bonds, shall have the right, in addition to all other rights:
By mandamus or other suit, action or proceedings in any court of competent jurisdiction to enforce his or their rights against the municipality, the governing body thereof, the board of public utilities hereafter provided for in this article, and any other proper officer, agent or employee of any of them, including, but without limitation, the right to require the municipality, the governing body, the said board, and any proper officer, agent or employee of any of them, to assess, levy and collect taxes, and to fix and collect rates and charges adequate to carry out any agreement as to, or pledge of taxes or electric plant revenues, and to require the municipality, the governing body thereof, the said board and any officer, agent or employee of any of them to carry out any other covenants and agreements and to perform its and their duties under this article.
By action or suit in equity to enjoin any act or things which may be unlawful or a violation of the rights of such holder of bonds.
Structure Mississippi Code
Title 77 - Public Utilities and Carriers
Article 9 - Local Governmental Power Development Under Laws of 1936
§ 77-5-405. Powers of municipalities
§ 77-5-407. Issuance of bonds; election resolution and election procedure
§ 77-5-409. Effect of election
§ 77-5-415. Securing payment of bonds
§ 77-5-417. Rights and remedies of bondholders
§ 77-5-419. Additional rights and remedies of bondholders may be conferred by resolution
§ 77-5-421. Debt limitations are inapplicable
§ 77-5-423. Payment of preliminary expenses
§ 77-5-425. Board of public utilities; appointment and terms of members
§ 77-5-431. Electric plant fund
§ 77-5-433. Disposition of moneys received from the issuance of bonds
§ 77-5-435. Disposition of revenues
§ 77-5-437. Payment for services rendered to municipalities and departments and works thereof
§ 77-5-439. Records and reports of the board of public utilities
§ 77-5-441. Exercise of power of eminent domain by municipality
§ 77-5-443. Use of certain rights of way; payment of indebtedness
§ 77-5-445. Election for disposition of electric plant
§ 77-5-447. Construction of article; article supplemental and additional to existing law