GroundRules
GOV § 59598
Where this section sits in the code
- Government Code - GOV
- TITLE 6. DISTRICTS [58000. - 62464.]
- DIVISION 1. GENERAL [58000. - 60375.5.]
- CHAPTER 5. Special Assessment and Bond Refunding Law of 1939 [59100. - 59674.]
- ARTICLE 16. Acquisition and Cancellation of Bonds of Nonconsenting Bondholders [59590. - 59598.]
If the discharge of the original bonds of any nonconsenting holders at less than par has been authorized by any final decree or order confirming a plan of readjustment pursuant to a federal bankruptcy law in any proceedings initiated pursuant to this chapter, the legislative body may perform all acts necessary to discharge the bonds pursuant to the decree or order.
Collected 2026-09-14T05:56:33Z. Source file · JSON