New York Laws
Title 29 - Development Authority of the North Country Act
2716 - Remedies of Holders of Bonds.

(a) by suit, action or proceeding in accordance with the civil
practice law and rules, enforce all rights of the holders of the
authority's bonds, including the right to require the authority to
collect fees and charges and interest adequate to carry out any
agreement as to, or pledge or assignment of or lien upon, such fees and
charges and interest, on properties and to require the authority to
carry out any other agreements with the holders of such bonds and to
perform its duties under this title;
(b) bring suit upon such bonds;
(c) by action or suit, require the authority to account as if it were
the trustee of an express trust for the holders of such bonds;
(d) by action or suit, enjoin any acts or things which may be unlawful
or in violation of the rights of the holders of such bonds;
(e) declare all such bonds due and payable, and if all defaults shall
be made good, then, with the consent of the holders of twenty-five per
centum of the principal amount of such bonds then outstanding, to annul
such declaration and its consequences.
3. Such trustee shall in addition to the foregoing have and possess
all of the powers necessary or appropriate for the exercise of any
functions specifically set forth herein or incident to the general
representation of the holders of the authority's bonds in the
enforcement and protection of their rights.
4. The supreme court shall have jurisdiction of any suit, action or
proceeding by the trustee on behalf of such holders of the authority's
bonds. The venue of any such suit, action or proceeding shall be laid in
the county in which the principal office of the authority is located.