GroundRules
MVC § 1005.4
Where this section sits in the code
- Military and Veterans Code - MVC
- DIVISION 4. VETERANS' AID AND WELFARE [690. - 1008.5.]
- CHAPTER 7. Veterans’ Revenue Debenture Act of 1970 [1000.1. - 1006.16.]
- ARTICLE 6. Remedies of Debenture Holders [1005.1. - 1005.6.]
Whenever a bank or trust company is acting as trustee by reason of any default, or for the protection of the interests of the debenture holders, the bank or trust company as such trustee, shall take such action as the holders or registered owners of 20 percent in principal amount of all the debentures then outstanding shall request in writing, provided that the bank or trust company as such trustee may request reasonable security before taking any action so requested.
Collected 2026-09-14T05:56:33Z. Source file · JSON