| 4.__Require accounting. By action or suit in equity, require |
the authority to act as if it were trustee of an expressed trust |
for the bondholders. The trustee is entitled, as a right, to the |
appointment of a receiver who may, to the extent that the |
authority could itself do, enter and take possession of the |
facilities of the authority or any part of the facility, the |
revenue or receipts from which are or may be applicable to the |
payment of the bonds in default, and operate and maintain the |
facilities and collect and receive all revenue thereafter arising |
from operating the facilities in the same manner as the authority |
might do.__The receiver shall deposit all such money in a |
separate account and apply that money in such a manner as the |
court directs.__In any suit, action or proceeding by the trustee, |
the fees, counsel fees and expenses of the trustee and of the |
receiver, if any, and all costs and disbursements allowed by the |
court are a first charge on any revenues and receipts derived |
from the East-West Highway, the revenues and receipts from which |
are or may be applicable to the payment of the bonds in default.__ |
The trustees shall, in addition, have and possess all the powers |
necessary and appropriate for the exercise of any functions |
specifically set forth in this section or incident to the general |
representation of the bondholders in the enforcement and |
protection of their rights.__Except as may otherwise be provided |
in a bond resolution or trust indenture or loan or other security |
agreement, in addition to other rights and limitations, any |
bondholder has the right by mandamus or other suit, action or |
proceeding in law or in equity to enforce that bondholder's |
rights against the authority, including the right to require the |
authority to carry out any agreement or covenant and |
to perform its duties under this chapter. |