California § 13136. 13136. (Added by Stats. 1957, Ch. 2237.)

California Statutes

§ 13136. — 13136. (Added by Stats. 1957, Ch. 2237.)

California·Code PUC Public Utilities Code - PUC·Div. 6. DIVISION 6. MUNICIPAL UTILITY DISTRICT ACT·Ch. 6.5. CHAPTER 6.5. Electric System Improvements·Art. 7. ARTICLE 7. Obligation to Bondholders

Anything in this article to the contrary notwithstanding, the board, in any resolution constituting a part of the proceedings for the issuance of any issue of bonds under this chapter may determine that the holders of the bonds of that issue are not to be entitled to the benefits of or to enforce any or all of the provisions of this article, and to that end the board, in such resolution, shall specify the provisions of this article to the benefits of which the holders of the bonds of that issue shall be entitled; and the holders of the bonds of that issue shall not be entitled to the benefits of or to enforce any of the provisions of this article not so
				  specified.

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Anything in this article to the contrary notwithstanding, the board, in any resolution constituting a part of the proceedings for the issuance of any issue of bonds under this chapter may determine that the holders of the bonds of that issue are not to be entitled to the benefits of or to enforce any or all of the provisions of this article, and to that end the board, in such resolution, shall specify the provisions of this article to the benefits of which the holders of the bonds of that issue shall be entitled; and the holders of the bonds of that issue shall not be entitled to the benefits of or to enforce any of the provisions of this article not so
specified.

California § 13136. (13136. (Added by Stats. 1957, Ch. 2237.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Added by Stats. 1957, Ch. 2237.

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