Maine Revised Statutes Title 20-A Sec. 11425 – Enforcement of rights and duties
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Terms Used In Maine Revised Statutes Title 20-A Sec. 11425
- Bonds: includes bonds, notes, refunding bonds, commercial paper, pass-through instruments or any other evidences of obligations of the authority issued under this chapter. See Maine Revised Statutes Title 20-A Sec. 11413
- Trustee: A person or institution holding and administering property in trust.
Except to the extent that the rights are restricted by any applicable bond resolution or trust or other agreement, any holder of bonds issued under this chapter or a trustee under a trust agreement entered into under this chapter may, by any suitable form of legal proceedings, protect and enforce any rights granted under the laws of the State or by any applicable bond resolution or trust or other agreement. [PL 1987, c. 807, §3 (NEW).]
SECTION HISTORY
PL 1987, c. 807, §3 (NEW).