Home/California/Statutes/Code GOV: Government Code - GOV/Div.: 2./Title 5.: DIVISION 2. CITIES, COUNTIES, AND OTHER AGENCIES/Part 1.: PART 1. POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIES/Ch. 6.: CHAPTER 6. Revenue Bond Law of 1941/Art. 10.: ARTICLE 10. Remedies of Bondholders/§ 54649.
California Statutes

§ 54649. — 54649. (Added by Stats. 1949, Ch. 81.)

California § 54649.
JurisdictionCalifornia
Code GOVGovernment Code - GOV
Div.2.
Title 5.DIVISION 2. CITIES, COUNTIES, AND OTHER AGENCIES
Part 1.PART 1. POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIES
Ch. 6.CHAPTER 6. Revenue Bond Law of 1941
Art. 10.ARTICLE 10. Remedies of Bondholders

This text of California § 54649. (54649. (Added by Stats. 1949, Ch. 81.)) 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 § 54649. (2026).

Text

If a suit, action, or proceeding to enforce any right or exercise any remedy is abandoned or determined adversely to the bondholders or their trustees, the local agency and bondholder or trustee shall be restored to their former positions, rights, and remedies as if such suit, action, or proceeding had not been brought or taken.

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Legislative History

Added by Stats. 1949, Ch. 81.
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California § 54649., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/GOV/54649..