Md. Code, Local Government § 1-1431
This is the official text of Md. Code, Local Government § 1-1431, part of Maryland’s Code, Local Government — governs the powers and operations of Maryland counties and municipalities.
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§1–1431.
Official statutory text
(a) A bondholder, a holder of any coupons attached to bonds, or a trustee under a trust agreement securing the bonds may sue:
(1) to protect and enforce rights under State law or a trust agreement; and
(2) to enforce and compel the performance of duties by an authority or its officer, employee, or agent that this subtitle or a trust agreement requires, including imposing rates, rents, fees, and charges that the trust agreement requires to be imposed.
(b) The rights under this section are subject to any trust agreement.
(1) to protect and enforce rights under State law or a trust agreement; and
(2) to enforce and compel the performance of duties by an authority or its officer, employee, or agent that this subtitle or a trust agreement requires, including imposing rates, rents, fees, and charges that the trust agreement requires to be imposed.
(b) The rights under this section are subject to any trust agreement.
Status: in_force · Read it on the official government site
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