Md. Code, Econ. Dev. § 10-224

Current with changes from the 2024 Legislative Session

Section 10-224 - Bonds - Enforcement of rights and duties

Except to the extent rights granted by this subtitle are restricted by resolution passed before the issuance of the bonds or by the trust agreement, a holder of a bond issued under this subtitle, or of any attached coupons, or a trustee under a trust agreement may sue to:

(1) protect and enforce a right under the laws of this State, the resolution, or the trust agreement; and

(2) enforce the performance of duties by the Authority, the State, or a political subdivision or officer or any of them that this subtitle or the trust agreement requires, including fixing, charging, and collecting of rates and charges to use facilities that are subject to the resolution or trust agreement.

Md. Code, EC § 10-224