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§ 9-940. Holder's rights

West's Annotated Code of MarylandEnvironment

West's Annotated Code of Maryland
Environment
Title 9. Water, Ice, & Sanitary Facilities (Refs & Annos)
Subtitle 9. Water and Sewer Authorities
Part IV. Bonds of Authorities
MD Code, Environment, § 9-940
§ 9-940. Holder's rights
Currentness
Subject to any restriction in the resolution or trust agreement that provides for the issuance of or secures the bonds of an authority, any holder of the bonds, any holder of any coupons from the bonds, or any trustee under a trust agreement that secures the bonds may:
(1) Enforce in any civil action any right granted by the resolution or trust agreement or by any law of this State; and
(2) Compel the performance of any duty imposed on the authority or an officer of the authority by this subtitle or by the resolution or trust agreement, including setting, charging, and collecting rates, fees, and charges for the use of or services furnished by any project.

Credits

Added by Acts 1985, c. 173, § 2.
MD Code, Environment, § 9-940, MD ENVIR § 9-940
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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