California § 33123. 33123. (Amended by Stats. 1951, Ch. 1388.)

California Statutes

§ 33123. — 33123. (Amended by Stats. 1951, Ch. 1388.)

California § 33123.

JurisdictionCalifornia

Code SHCStreets and Highways Code - SHC

Div. 18.DIVISION 18. PARKING

Part 2.PART 2. PARKING LAW OF 1949

Ch. 5.CHAPTER 5. Revenue Bonds

This text of California § 33123. (33123. (Amended by Stats. 1951, Ch. 1388.)) 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. Streets and Highways Code - SHC Code § 33123. (2026).

Text

The authority may provide for a procedure by which certain specified terms and conditions of any resolution, contract, or agreement may be subsequently amended or modified, or any provision thereof waived, with the consent of the authority and the vote or written assent of the holders of a specified principal amount of the bonds issued and outstanding. Such provision may authorize meetings of bondholders and specify the manner in which the consent of the bondholders may be given. Such provision shall specifically state the effect of such amendment, modification, or waiver upon the rights of the holders of all of the bonds and interest coupons appertaining to the bonds, whether attached to or detached from the bonds.

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The authority may provide for a procedure by which certain specified terms and conditions of any resolution, contract, or agreement may be subsequently amended or modified, or any provision thereof waived, with the consent of the authority and the vote or written assent of the holders of a specified principal amount of the bonds issued and outstanding. Such provision may authorize meetings of bondholders and specify the manner in which the consent of the bondholders may be given. Such provision shall specifically state the effect of such amendment, modification, or waiver upon the rights of the holders of all of the bonds and interest coupons appertaining to the bonds, whether attached to or detached from the bonds.

Legislative History

Amended by Stats. 1951, Ch. 1388.

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California § 33123., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/SHC/33123..