Cal. Government Code § 6596
Cal. Government Code § 6596
California · California Government Code · Status: effective · Effective 1985-09-23
Cite this
- Citation
- Cal. Government Code § 6596, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/832406
- Permanent ID
ys:prov:832406@1- SHA-256
da4f86d1235da92aaefccc8a585bc32946fc89355997608df501d13935c7ece6
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
The State of California does hereby pledge to, and agrees with, the holders of any bonds issued under this article, and with those parties who may enter into contracts with the authority pursuant to this article, that the state will not limit or alter the rights hereby vested in the authority to finance any public capital improvement and to fulfill the terms of any loan agreement, lease, or other contract with the authority pursuant to this part, or in any way impair the rights or remedies of the bonds or of the parties until those bonds, together with the interest thereon, are fully met and discharged and those contracts are fully performed on the part of the authority. However, nothing in this section precludes this limitation or alteration if and when adequate provision has been made by law for the protection of the holders of those bonds of the authority or those entering into those contracts with the authority.