Statute · California Government Code

Cal. Gov't Code § 59595 — Acquisition and Cancellation of Bonds of Nonconsenting Bondholders

Cal. Gov't Code § 59595

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

The legislative body may use any other method of raising funds for the payment or retirement of the original bonds of nonconsenting bondholders which will adequately provide the money necessary for such payment or retirement prior to the recordation of the reassessment.

Citator

Cal. Gov't Code § 59595 — Acquisition and Cancellation of Bonds of Nonconsenting Bondholders is in force in the current edition of the Code, and nothing recorded condemns it.

The legislative body may use any other method of raising funds for the payment or retirement of the original bonds of nonconsenting bondholders which will adequately provide the money necessary for such payment or retirement prior to the recordation of the reassessment.