California Government Code ARTICLE 16 - Acquisition and Cancellation of Bonds of Nonconsenting Bondholders
- Section 59590.
If the holders of one or more of the original bonds do not enter any proposal or contract with the legislative body to refund the...
- Section 59591.
Any local agency authorized by this chapter to appropriate money to aid in refunding the original bonds of the district may make an advancement, contribution,...
- Section 59592.
When any local agency, person, or corporation advances money for the payment or retirement of the original bonds of nonconsenting holders, the legislative body may...
- Section 59593.
If the legislative body makes all or part of such advancement it may reimburse the local agency of which it is the legislative body, entirely...
- Section 59594.
Any cash collected on reassessments and not required to pay consenting bondholders may also be used to reimburse in whole or in part any local...
- Section 59595.
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...
- Section 59596.
When money is placed in any fund for the retirement or payment of the original bonds of nonconsenting holders it shall be used only for...
- Section 59597.
If the proposals or contract with the bondholders so provides, the legislative body may sell all of the new bonds for cash and pay the...
- Section 59598.
If the discharge of the original bonds of any nonconsenting holders at less than par has been authorized by any final decree or order confirming...
Last modified: October 22, 2018