California Streets and Highways Code ARTICLE 2 - Consent of Bondholders

• Section 9055.
  The legislative body may enter into a written contract or contracts with the owner or owners of such bonds and provide therein for the cancellation...
• Section 9056.
  When any bond is presented by any person to the legislative body for refunding, such person shall be deemed the owner thereof, and the legislative...
• Section 9057.
  The contract or contracts shall determine the terms and conditions upon which the outstanding bonds shall be exchanged for the refunding bonds.(Added by Stats. 1951,...
• Section 9058.
  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...
• Section 9059.
  The State of California or any city, county, or other political subdivision or public corporation, owning any bonds which might be refunded under the provisions...
• Section 9060.
  The city may at any time prior to the actual issuance and exchange of the refunding bonds make additional contracts with any owners of bonds...
• Section 9061.
  If the owners of 75 percent or more of the principal amount of the outstanding bonds of any issue join in the contract or contracts,...

Last modified: October 22, 2018