Statute · California Government Code

Cal. Gov't Code § 54646 — Remedies of Bondholders

Cal. Gov't Code § 54646

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

A waiver of any default or breach of duty or contract by any bondholder or his trustee does not affect any subsequent default or breach of duty or contract nor impair any rights or remedies on the subsequent default or breach.

Citator

Cal. Gov't Code § 54646 — Remedies of Bondholders is in force in the current edition of the Code, and nothing recorded condemns it.

A waiver of any default or breach of duty or contract by any bondholder or his trustee does not affect any subsequent default or breach of duty or contract nor impair any rights or remedies on the subsequent default or breach.