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DIVISION 11. REFUNDING OF BONDS ISSUED UNDER THE “IMPROVEMENT BOND ACT OF 1915” 9000-9481›CHAPTER 2. Preliminary Proceedings 9050-9081›ARTICLE 3. Nonconsenting Bondholders 9070-9076

§ 9075

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

In the event that the discharge of the bonds of any nonconsenting holders at less than the par value thereof has been authorized by any final decree or order confirming a plan of readjustment under any bankruptcy laws of the United States in any proceedings initiated under the authority of this division or otherwise the legislative body may perform all acts and do all things necessary for the discharge of the bonds in accordance with the decree or order.

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

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California Streets and Highways Code

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