Gov. Code, § 54643 · Article 10. Remedies of Bondholders
Gov. Code, § 54643
Verbatim from the official edition
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
By a suit in equity a bondholder or his trustee may require the local agency and its legislative body to account as the trustee of an express trust.
Notes and commentary — not statutory text
History
Added by Stats. 1949, Ch. 81.
Source of truth
- Edition
- As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
- Official file
- https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=GOV§ionNum=54643.
- Text hash
- sha256 249f9e3a3e651a6aee774e25e0d84ca842398c888a73f42faf18e4a16c15f6e7
- Composed by
- compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.