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California Code Of Civil Procedure Section 526b

Legal Research Home > California Lawyer > Code of Civil Procedure > California Code Of Civil Procedure Section 526b

Every person or corporation bringing, instigating, exciting
or abetting, any suit to obtain an injunction, restraining or
enjoining the issuance, sale, offering for sale, or delivery, of
bonds, or other securities, or the expenditure of the proceeds of the
sale of such bonds or other securities, of any city, city and
county, town, county, or other district organized under the laws of
this state, or any other political subdivision of this state,
proposed to be issued, sold, offered for sale or delivered by such
city, city and county, town, county, district or other political
subdivision, for the purpose of acquiring, constructing, completing,
improving or extending water works, electric works, gas works or
other public utility works or property, shall, if the injunction
sought is finally denied, and if such person or corporation owns,
controls, or is operating or interested in, a public utility business
of the same nature as that for which such bonds or other securities
are proposed to be issued, sold, offered for sale, or delivered, be
liable to the defendant for all costs, damages and necessary expenses
resulting to such defendant by reason of the filing of such suit.

Last modified: January 12, 2009