Statute · California Streets and Highways Code

Cal. Sts. & High. Code § 9058 — Consent of Bondholders

Cal. Sts. & High. Code § 9058

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

The bonds to be refunded may be deposited with the city treasurer or with any duly incorporated bank or trust company doing business in the State, which shall act as depository or escrow holder, as may be designated by contract between the city and the bondholders. The terms of the escrow shall…

Citator

Cal. Sts. & High. Code § 9058 — Consent of Bondholders is in force in the current edition of the Code, and nothing recorded condemns it.

The bonds to be refunded may be deposited with the city treasurer or with any duly incorporated bank or trust company doing business in the State, which shall act as depository or escrow holder, as may be designated by contract between the city and the bondholders. The terms of the escrow shall be provided in the contract.