Statute · California Government Code
Cal. Gov't Code § 59593 — Acquisition and Cancellation of Bonds of Nonconsenting Bondholders
Cal. Gov't Code § 59593
- Type
- Statute
- Source
- California Government Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
If the legislative body makes all or part of such advancement it may reimburse the local agency of which it is the legislative body, entirely or partially by taking all or part of such new bonds at par.
Citator
Cal. Gov't Code § 59593 — Acquisition and Cancellation of Bonds of Nonconsenting Bondholders is in force in the current edition of the Code, and nothing recorded condemns it.
If the legislative body makes all or part of such advancement it may reimburse the local agency of which it is the legislative body, entirely or partially by taking all or part of such new bonds at par.