Home/California/Statutes/Code GOV: Government Code - GOV/Div.: 1./Title 6.: DIVISION 1. GENERAL/Ch. 5.: CHAPTER 5. Special Assessment and Bond Refunding Law of 1939/Art. 12.: ARTICLE 12. Recording of Assessment/§ 59472.
California Statutes

§ 59472. — 59472. (Added by Stats. 1951, Ch. 331.)

California § 59472.
JurisdictionCalifornia
Code GOVGovernment Code - GOV
Div.1.
Title 6.DIVISION 1. GENERAL
Ch. 5.CHAPTER 5. Special Assessment and Bond Refunding Law of 1939
Art. 12.ARTICLE 12. Recording of Assessment

This text of California § 59472. (59472. (Added by Stats. 1951, Ch. 331.)) 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 § 59472. (2026).

Text

The reassessment shall not be recorded until the occurrence of either of the following:

(a)The holders of all original bonds and coupons contract by bondholders’ proposal or otherwise to exchange their bonds and coupons in the proceedings.
(b)If they do not so contract, adequate provision is made pursuant to this chapter for the retirement or payment of the bonds and coupons of nonconsenting holders or their bonds have been subjected to retirement or payment by decree or order of court pursuant to federal bankruptcy laws.

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Legislative History

Added by Stats. 1951, Ch. 331.
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California § 59472., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/GOV/59472..