California Statutes
§ 59596. — 59596. (Added by Stats. 1951, Ch. 331.)
California·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. 16. ARTICLE 16. Acquisition and Cancellation of Bonds of Nonconsenting Bondholders
When money is placed in any fund for the retirement or payment of the original bonds of nonconsenting holders it shall be used only for that purpose. After all the original bonds of nonconsenting holders have been paid or retired, any sum remaining in the fund shall be returned to the local agency which advanced it.
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California § 59596. (59596. (Added by Stats. 1951, Ch. 331.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 1951, Ch. 331.