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KRS 353.764

Enforcement of rights by bond holder or trustee of trust indenture

Known as the Natural Gas Acquisition Authority Act

The act spans §§ 353–353 (136 sections).

Effective: June 20, 2005 History: Created 2005 Ky

Any holder of bonds issued under KRS 353.750 to 353.776 and the trustee under any trust indenture, except to the extent that rights may be restricted by the trust indenture, may, either at law or in equity, by suit, action, mandamus, or other proceedings, protect and enforce any and all rights arising under the laws of this Commonwealth, a trust indenture, or a proceeding authorizing the issuance of bonds; and may enforce and compel the performance of duties required under KRS 353.750 to 353.776, including the fixing, charging, and collecting of rents.

Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.