California · Through 2026-09-13

GOV § 5108

Where this section sits in the code

Government Code - GOV
TITLE 1. GENERAL [100. - 7931.000.]
DIVISION 6. PUBLIC BONDS AND OBLIGATIONS [5000. - 5979.]
CHAPTER 2. Protection of Bond Guarantors [5100. - 5108.]

If the guarantors function in the capacity of trustee or if the custody of the bonds is in the possession of a trustee, and administered by the trustee, he shall be required to distribute interest and principal, in the proportion that each is received by him, to the beneficiaries under the trust.

Collected 2026-09-14T05:56:33Z. Source file · JSON

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