California Statutes
§ 59592. — 59592. (Added by Stats. 1951, Ch. 331.)
California § 59592.
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. 16.ARTICLE 16. Acquisition and Cancellation of Bonds of Nonconsenting Bondholders
This text of California § 59592. (59592. (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 § 59592. (2026).
Text
When any local agency, person, or corporation advances money for the payment or retirement of the original bonds of nonconsenting holders, the legislative body may deliver at par all or part of the new bonds which are not to be delivered to consenting bondholders to such local agency, person, or corporation, or sell at par all or part of such bonds, and from the proceeds wholly or partly reimburse such local agency, person, or corporation. The legislative body may contract to make such sale or delivery.
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Legislative History
Added by Stats. 1951, Ch. 331.
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Bluebook (online)
California § 59592., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/GOV/59592..