Michigan Compiled Laws § 254.229 Trust Agreement Or Resolution; Enforcement.


254.229 Trust agreement or resolution; enforcement.

Sec. 9.

Any holder of bonds issued under the provisions of this act or any of the coupons appertaining thereto, and the trustee under any trust agreement, except to the extent the rights herein given may be restricted by such trust agreement or the resolution authorizing the issuance of such bonds, may, either at law or in equity, by suit, action, mandamus or other proceeding, protect and enforce any and all rights under the laws of the state or granted hereunder or under such trust agreement or resolution, and may enforce and compel the performance of all duties required by this act or by such trust agreement or resolution to be performed by the authority or by any officer thereof, including the fixing, charging and collecting of tolls.


History: 1954, Act 99, Imd. Eff. Apr. 12, 1954


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Last modified: October 10, 2016