California § 5108. 5108. (Enacted by Stats. 1943, Ch. 134.)

California Statutes

§ 5108. — 5108. (Enacted by Stats. 1943, Ch. 134.)

California § 5108.

JurisdictionCalifornia

Code GOVGovernment Code - GOV

Div.6.

Title 1.DIVISION 6. PUBLIC BONDS AND OBLIGATIONS

Ch. 2.CHAPTER 2. Protection of Bond Guarantors

This text of California § 5108. (5108. (Enacted by Stats. 1943, Ch. 134.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Cal. Government Code - GOV Code § 5108. (2026).

Text

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.

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