Statute · California Water Code

Cal. Water Code § 25115 — Unauthorized Refunding Modification

Cal. Water Code § 25115

Type
Statute
Source
California Water Code
Jurisdiction
California
Date
2003-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

The approval of the holders of outstanding refunding bonds affected by the modification shall be evidenced by either of the following:

Citator

Cal. Water Code § 25115 — Unauthorized Refunding Modification is in force in the current edition of the Code, and nothing recorded condemns it.

The approval of the holders of outstanding refunding bonds affected by the modification shall be evidenced by either of the following:

(a) The written consent of all of the owners and holders of the bonds.

(b) An order under federal bankruptcy law that is binding upon the holders and owners of all of the outstanding refunding bonds affected.