Cal. Sts. & Hy. Code § 33126

Current through the 2023 Legislative Session.
Section 33126 - Designation of bank or trust company as trustee for bondholders

The authority may designate a bank or trust company as a trustee for the holders of bonds issued pursuant to this part, and may authorize the trustee to act on behalf of the bondholders, and to exercise and prosecute on their behalf the rights and remedies available to them.

Ca. Sts. and High. Code § 33126

Added by Stats. 1951, Ch. 463.