Statutes, codes, and regulations
CALIFORNIA CODES
CALIFORNIA GOVERNMENT CODETitle 5 - LOCAL AGENCIESDivision 2 - CITIES, COUNTIES, AND OTHER AGENCIESPart 1 - POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIESChapter 6 - REVENUE BOND LAW OF
Article 10 - REMEDIES OF BONDHOLDERS
Section 54647 - Delay or omission in exercising right or power on default

Cal. Gov. Code § 54647

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Current through the 2023 Legislative Session.
Section 54647 - Delay or omission in exercising right or power on default

The delay or omission of any bondholder or his trustee to exercise any right or power accruing upon any default does not impair the right or power and is not a waiver of the default or acquiescence in it.

Ca. Gov. Code § 54647

Added by Stats. 1949, Ch. 81.