Cal. Gov. Code § 59286

Current through the 2023 Legislative Session.
Section 59286 - Inapplicability of provisions relating to consents or proposals

In proceeding under the alternatives provided for in this article, it shall be unnecessary for the legislative body to give notice to the bondholders and to obtain their consents or to obtain written proposals from them, and the provisions in this chapter relating to such consents or proposals from the original bondholders shall not be applicable to any proceedings conducted pursuant to the authority in this article.

Ca. Gov. Code § 59286

Added by Stats. 1973, Ch. 256.