Illinois Code § 20 ILCS 3510/7

Enforcement of rights of bondholders and bond trustees.
Open in Lexace · Ask the AI about this section
Any
owner of a bond of the Authority issued under this Act, or any trustee
under any trust agreement securing bonds of the Authority issued under this
Act, except to the extent the rights given by this Section may be
restricted by the provisions of the bonds, the trust agreement or the
resolution of the Authority authorizing the issuance of the bonds, may by
suit, action, mandamus, or other proceedings, protect and enforce any
rights under the laws of this State or granted under this Act, or the
applicable bonds, trust agreement or resolution of the Authority
authorizing the issuance of such bonds, and may enforce and compel the
performance of all duties required under the laws of the State or granted
under this Act, or the applicable bonds, trust agreement or resolution of
the Authority authorizing the issuance of such bonds to be performed by the
Authority or any officer thereof.

‹ Prev All Illinois sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.