Statute · California Streets and Highways Code

Cal. Sts. & High. Code § 9074 — Nonconsenting Bondholders

Cal. Sts. & High. Code § 9074

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

Whenever any money is placed in any fund for the retirement or payment of the bonds of nonconsenting holders such money shall be used only for that purpose. After all of the bonds of the nonconsenting holders have been paid or retired any sum remaining in the fund shall be returned to the city…

Citator

Cal. Sts. & High. Code § 9074 — Nonconsenting Bondholders is in force in the current edition of the Code, and nothing recorded condemns it.

Whenever any money is placed in any fund for the retirement or payment of the bonds of nonconsenting holders such money shall be used only for that purpose. After all of the bonds of the nonconsenting holders have been paid or retired any sum remaining in the fund shall be returned to the city or person which advanced the money.