§201H-19 - Remedies of an obligee: mandamus; injunction; possessory action; receiver; accounting; etc.
[§201H-19] Remedies of an obligee: mandamus; injunction; possessory action; receiver; accounting; etc. Anobligee of the corporation shall have the right, in addition to all otherrights that may be conferred on the obligee subject only to any contractualrestrictions binding upon the obligee, and subject to the prior and superiorrights of others:
(1) By mandamus, suit, action, or proceeding in lawor equity to compel the corporation, and the members, officers, agents, oremployees thereof to perform each and every item, provision, and covenantcontained in any contract of the corporation, and to require the carrying outof any or all covenants and agreements of the corporation and the fulfillmentof all duties imposed upon the corporation by this chapter;
(2) By suit, action, or proceeding in equity toenjoin any acts or things that may be unlawful, or the violation of any of therights of the obligee of the corporation;
(3) By suit, action, or proceeding in any court ofcompetent jurisdiction to cause possession of any housing project or any partthereof to be surrendered to any obligee having the right to possessionpursuant to any contract of the corporation;
(4) By suit, action, or proceeding in any court ofcompetent jurisdiction, upon the happening of an event of default (as definedin a contract of the corporation), to obtain the appointment of a receiver ofany housing project of the corporation or any part or parts thereof, and if thereceiver is appointed, the receiver may enter and take possession of thehousing project or any part or parts thereof and operate and maintain same, andcollect and receive all fees, rents, revenues, or other charges thereafterarising therefrom in the same manner as the corporation itself might do andshall keep the moneys in a separate account or accounts and apply the same inaccordance with the obligations of the corporation as the court shall direct;and
(5) By suit, action, or proceeding in any court ofcompetent jurisdiction to require the corporation and the members thereof toaccount as if it and they were the trustees of an express trust. [L 2005, c196, pt of §20; am L 2006, c 180, §15]