DIVISION 3.5. COSTS IN CIVIL ACTIONS RESULTING FROM ADMINISTRATIVE PROCEEDINGS 800›PART 9. LAKE DAVIS NORTHERN PIKE ERADICATION PROJECT RELIEF ACCOUNT 998-998.3›CHAPTER 10.5. General Bond Provisions 5850-5854
§ 5854
California Government Code · 2026-09 edition · updated 2026-09-27 · California
Section 3 of Article XIII C of the California Constitution, as adopted at the November 5, 1996, general election, shall not be construed to mean that any owner or beneficial owner of a municipal security, purchased before or after that date, assumes the risk of, or in any way consents to, any action by initiative measure that constitutes an impairment of contractual rights protected by Section 10 of Article I of the United States Constitution.
(Added by Stats. 1997, Ch. 38, Sec. 3. Effective July 1, 1997.)
Retrieved: 2026-09-24T17:52:35.012778+00:00
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