California Water Code 25115 – The approval of the holders of outstanding refunding bonds affected …
Current as of: 2024 | Check for updates
|
Other versions
The approval of the holders of outstanding refunding bonds affected by the modification shall be evidenced by either of the following:
(a) The written consent of all of the owners and holders of the bonds.
Terms Used In California Water Code 25115
- Bankruptcy: Refers to statutes and judicial proceedings involving persons or businesses that cannot pay their debts and seek the assistance of the court in getting a fresh start. Under the protection of the bankruptcy court, debtors may discharge their debts, perhaps by paying a portion of each debt. Bankruptcy judges preside over these proceedings.
(b) An order under federal bankruptcy law that is binding upon the holders and owners of all of the outstanding refunding bonds affected.
(Amended by Stats. 2002, Ch. 94, Sec. 8. Effective January 1, 2003.)