Cal. Gov. Code § 50722

Current through the 2023 Legislative Session.
Section 50722 - Clause requiring protection of security and rights of holders

An indenture may include a clause relating to the bonds issued thereunder requiring the board to preserve and protect the security of the bonds and the rights of the holders thereof and to warrant and defend such rights.

Ca. Gov. Code § 50722

Added by Stats. 1957, Ch. 2066.