The trust indenture may set forth the rights and remedies of the bondholders and of the trustee and restrict the individual rights of action of bondholders as is customary in trust indentures serving bonds and debentures of corporations.
La. R.S. 48:877
Rights and remedies of bondholders and trustees; limitation of action by bondholder
Known as the Bridge Revenue Bond Law
The act spans §§ 48–48 (81 sections).
Official source: Louisiana State Legislature. Reproduced from public-domain Louisiana statutes; confirm against the official source for the current text. Not legal advice.