160A-518. Right of obligee.
An obligee of the commission shall have the right in addition to all other rights which may be conferred on such obligee, subject only to any contractual restrictions binding upon such obligee:
(1) By mandamus, suit, action or proceeding at law or in equity to compel said commission and the commissioners, officers, agents or employees thereof to perform each and every term, provision and covenant contained in any contract of said commission with or for the benefit of such obligee, and to require the carrying out of any or all such covenants and agreements of said commission and the fulfillment of all duties imposed upon said commission by this Article; and
(2) By suit, action or proceeding in equity, to enjoin any acts or things which may be unlawful, or the violation of any of the rights of such obligee of said commission. (1951, c. 1095, s. 15; 1973, c. 426, s. 75.)
Structure North Carolina General Statutes
North Carolina General Statutes
Chapter 160A - Cities and Towns
Article 22 - Urban Redevelopment Law.
§ 160A-501 - Findings and declaration of policy.
§ 160A-502 - Additional findings and declaration of policy.
§ 160A-504 - Formation of commissions.
§ 160A-505 - Alternative organization.
§ 160A-506 - Creation of a county redevelopment commission.
§ 160A-507 - Creation of a regional redevelopment commission.
§ 160A-507.1 - Creation of a joint county-city redevelopment commission.
§ 160A-508 - Appointment and qualifications of members of commission.
§ 160A-509 - Tenure and compensation of members of commission.
§ 160A-510 - Organization of commission.
§ 160A-511 - Interest of members or employees.
§ 160A-512 - Powers of commission.
§ 160A-513 - Preparation and adoption of redevelopment plans.
§ 160A-515.1 - Project development financing.
§ 160A-516 - Issuance of bonds.
§ 160A-517 - Powers in connection with issuance of bonds.
§ 160A-518 - Right of obligee.
§ 160A-519 - Cooperation by public bodies.
§ 160A-520 - Grant of funds by community.
§ 160A-521 - Records and reports.
§ 160A-522 - Title of purchaser.
§ 160A-523 - Preparation of general plan by local governing body.
§ 160A-524 - Inconsistent provisions.