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La. R.S. 40:599.32

Enforcement of rights and duties

Acts 2025, No. 443, §1.

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.

(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.

Official source: Louisiana State Legislature. Reproduced from public-domain Louisiana statutes; confirm against the official source for the current text. Not legal advice.