California Government Code 92260 – (a) At the discretion of the commission, any bonds issued under …
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(a) At the discretion of the commission, any bonds issued under this title may be secured by a trust agreement by and between the commission and a trustee or trustees, which may be any trust company or bank having the powers of a trust company within or without the state.
(Added by Stats. 1982, Ch. 1553, Sec. 2.)
Terms Used In California Government Code 92260
- State: means the State of California, unless applied to the different parts of the United States. See California Government Code 18
- Trustee: A person or institution holding and administering property in trust.