Statute · California Government Code
Cal. Gov't Code § 59594 — Acquisition and Cancellation of Bonds of Nonconsenting Bondholders
Cal. Gov't Code § 59594
- Type
- Statute
- Source
- California Government Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
Any cash collected on reassessments and not required to pay consenting bondholders may also be used to reimburse in whole or in part any local agency, person, or corporation making the advance, and the legislative body may contract to so apply such cash.
Citator
Cal. Gov't Code § 59594 — Acquisition and Cancellation of Bonds of Nonconsenting Bondholders is in force in the current edition of the Code, and nothing recorded condemns it.
Any cash collected on reassessments and not required to pay consenting bondholders may also be used to reimburse in whole or in part any local agency, person, or corporation making the advance, and the legislative body may contract to so apply such cash.