Obligee rights.

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  • (1) by mandamus, suit, action, or other proceeding:
    • (a) compel the corporation and the corporation's board, officers, agents, or employees to perform every term, provision, and covenant contained in a contract of the corporation with or for the benefit of the obligee; and
    • (b) require the corporation to carry out the covenants and agreements of the corporation and to fulfill the duties imposed on the corporation by this part; and
  • (2) by suit, action, or proceeding in equity enjoin an act that is unlawful or violates the rights of the obligee.




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