DIVISION 18. PARKING 31500-36745›PART 2. PARKING LAW OF 1949 32500-33552›CHAPTER 5. Revenue Bonds 33100-33148

§ 33126

California Streets and Highways Code · 2020-11 edition · updated 2026-10-04 · California

The authority may designate a bank or trust company as a trustee for the holders of bonds issued pursuant to this part, and may authorize the trustee to act on behalf of the bondholders, and to exercise and prosecute on their behalf the rights and remedies available to them.

(Added by Stats. 1951, Ch. 463.)

Get a plain-English answer with a citation back to this text.

Ask AI about this code

Export this section

▸Contents — California Streets and Highways Code

California Streets and Highways Code

GoCodebook provides public access, search, citation, multilingual explanation, and practical interpretation of legally adopted building regulations. It is not a substitute for the official ICC or California code publications.