198A.130 Holders of corporate obligations granted legal rights to enforce duties of the corporation. - Kentucky Statutes

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198A.130 Holders of corporate obligations granted legal rights to enforce duties of the corporation. Any holder of obligations issued under the provisions of this chapter or any coupons
appertaining thereto, and the trustee under any trust agreement or resolution authorizing
the issuance of such obligations, except the rights herein given may be restricted by such
trust agreement or resolution, may, either at law or in equity, by suit, action, mandamus or
other proceeding, protect and enforce any and all rights under the laws of the state or
granted hereunder or under such trust agreement or resolution, or under any other contract
executed by the corporation pursuant to this chapter, and may enforce and compel the
performance of all duties required by this chapter or by such trust agreement or resolution
to be performed by the corporation or by any officer thereof. History: Created 1972 Ky. Acts ch. 70, sec. 14.