California Statutes
§ 1005.4. — 1005.4. (Amended by Stats. 1979, Ch. 302.)
California·Code MVC Military and Veterans Code - MVC·Div. 4. DIVISION 4. VETERANS' AID AND WELFARE·Ch. 7. CHAPTER 7. Veterans’ Revenue Debenture Act of 1970·Art. 6. ARTICLE 6. Remedies of Debenture Holders
Whenever a bank or trust company is acting as trustee by reason of any default, or for the protection of the interests of the debenture holders, the bank or trust company as such trustee, shall take such action as the holders or registered owners of 20 percent in principal amount of all the debentures then outstanding shall request in writing, provided that the bank or trust company as such trustee may request reasonable security before taking any action so requested.
Free access — add to your briefcase to read the full text and ask questions with AI
California § 1005.4. (1005.4. (Amended by Stats. 1979, Ch. 302.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Amended by Stats. 1979, Ch. 302.