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. 16.: ARTICLE 16. Acquisition and Cancellation of Bonds of Nonconsenting Bondholders/§ 59598.
California Statutes

§ 59598. — 59598. (Added by Stats. 1951, Ch. 331.)

California § 59598.
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 § 59598. (59598. (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 § 59598. (2026).

Text

If the discharge of the original bonds of any nonconsenting holders at less than par has been authorized by any final decree or order confirming a plan of readjustment pursuant to a federal bankruptcy law in any proceedings initiated pursuant to this chapter, the legislative body may perform all acts necessary to discharge the bonds pursuant to the decree or order.

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Legislative History

Added by Stats. 1951, Ch. 331.
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California § 59598., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/GOV/59598..