Cal. Gov. Code § 54430

Current through the 2023 Legislative Session.

Section 54430 - Holders prohibited from compelling taxing power or forfeiture of property

The holder of the bonds or coupons shall not compel the exercise of the taxing power by the local agency or the forfeiture of its property.

Ca. Gov. Code § 54430

Added by Stats. 1949, Ch. 81.