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Current as of January 01, 2022 | Updated by FindLaw Staff
An obligee of the authority shall have the right, in addition to all other rights which may be conferred on such obligees subject only to any contractual restrictions binding upon such obligee:
(1) By mandamus, suit, action or proceeding at law or in equity, to compel the authority and the members of its governing board, officers, agents or employees thereof to perform each and every term, provision and covenant contained in any bond or contract of the authority with or for the benefit of such obligee and to require the carrying out of any or all such covenants and agreements of the authority and the fulfillment of all duties imposed upon the authority by this act.
(2) By proceeding in equity, to obtain an injunction against any acts or things which may be unlawful or the violation of any of the rights of such obligee of the authority.
(3) To require the authority to account as if it were the trustee of an express trust for the obligees of the authority for any pledged revenues received.
Cite this article: FindLaw.com - Pennsylvania Statutes Title 53 P.S. Municipal and Quasi-Municipal Corporations § 12720.305. Remedies of obligee of authority - last updated January 01, 2022 | https://codes.findlaw.com/pa/title-53-ps-municipal-and-quasimunicipal-corporations/pa-st-sect-53-12720-305/
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