California Legal Codes and Statutes

§ 59561

Added by Stats. 1951, Ch. 331.

Any such proposal or contract may provide such terms of exchange as are agreed upon by the holder and the legislative body and may contain terms relating to the time and method of, and conditions precedent to, performance.

Cite this section

Cal. Gov. Code § 59561 (2026)
https://ca.codecond.com/codes/gov/title-6-districts/division-1-general/chapter-5-special-assessment-and-bond-refunding-law-of-1939/article-15-acquisition-and-cancellation-of-bonds-of-consenting-bondholders/section-59561

Other sections in Article 15 - Acquisition and Cancellation of Bonds of Consenting Bondholders

§ 59560§ 59561§ 59562

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