P.R. Laws tit. 28, § 372

2019-02-20 00:00:00+00
§ 372. Rights of bondholders

Every bondholder of the Authority, in addition to all other rights which may be conferred on him, and subject only to such contractual restrictions as may be binding upon him, shall have the right:

(a) By mandamus, suit, action or proceeding at law or in equity, to compel said Authority and the officers, agents or employees thereof to perform each and every term, provision and covenant contained in any contract of said Authority with or for the benefit of such bondholders, and to require the carrying out of any or all such covenants and agreements of said Authority and the fulfillment of all duties imposed thereon by §§ 241 et seq. of this title.

(b) By suit, action or proceeding in equity, to enjoin any acts or things which may be unlawful, or the violation of the rights of such bondholders of said Authority.

History —Apr. 12, 1941, No. 26, p. 388, § 55, eff. 90 days after Apr. 12, 1941.