181.790 Trustee and bondholders may bring actions to protect rights.

Download pdf

Loading PDF...


181.790 Trustee and bondholders may bring actions to protect rights. Any holder of the bonds or coupons attached thereto, and the trustee, unless the rights <br>given by this section are restricted by resolution passed before the issuance of the bonds <br>or by the trust indenture, may bring an action, either at law or in equity, to protect and <br>enforce any right granted under KRS 181.560 to 181.840 or under such resolution or trust <br>indenture and may enforce performance of all duties required by KRS 181.560 to <br>181.840, or by such resolution or trust indenture to be performed by the city issuing the <br>bonds, or by the commission or any officer thereof, including the fixing, charging and <br>collecting of tolls for transit over the bridge. Effective: October 1, 1942 <br>History: Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 3235g-22.