Right of Bondholders to Bring Action

Subject to any limitations that may be prescribed by the indenture, the holder of any bond issued pursuant to this Chapter, may, by mandamus or other appropriate proceeding, require and compel the performance of any of the duties imposed upon or assumed by the Board, I Maga=lahen Guåhan, the Director of Administration, or any other officer or agency of the government of Guam, or any employee of any thereof, in connection with the acquisition, construction, operation, maintenance, repair, reconstruction or insurance of any project or the collection, deposit, investment, application and disbursement of tuition, rents, rates, charges, fees and all other revenues derived from the operation of the University or the operation and use of any project or in connection with the deposit, investment and disbursement of the proceeds received from the sale of bonds issued pursuant to this Chapter. The enumeration of such rights and remedies does not, however, exclude the exercise or prosecution of any other rights or remedies available to the holders of bonds issued pursuant to this Chapter.