Statute · California Government Code

Cal. Gov't Code § 26471 — Rights of Bondholders

Cal. Gov't Code § 26471

Type
Statute
Source
California Government Code
Jurisdiction
California
Current through
Nov 2, 2026 (California Legislative Counsel)

While any revenue bonds issued by the board remain outstanding, the powers and duties of the board shall not be diminished or impaired in any manner that will adversely affect the interest and rights of the holders of the bonds.

Citator

Cal. Gov't Code § 26471 — Rights of Bondholders is in force in the current edition of the Code, and nothing recorded condemns it.

While any revenue bonds issued by the board remain outstanding, the powers and duties of the board shall not be diminished or impaired in any manner that will adversely affect the interest and rights of the holders of the bonds.