California Legal Codes and Statutes

§ 92488

Enacted by Stats. 1976, Ch. 1010.

The regents may designate a bank or trust company, qualified to do business in this state, as a trustee for the regents and the holders of bonds issued pursuant to this chapter, and may authorize the trustee to act on behalf of the holders of the bonds, or any stated percentage of the bonds, and to exercise and prosecute on behalf of the holders of the bonds such rights and remedies as may be available to the holders.

Cite this section

Cal. Educ. Code § 92488 (2026)
https://ca.codecond.com/codes/edc/title-3-postsecondary-education/division-9-university-of-california/part-57-university-of-california/chapter-5-the-university-of-california-revenue-bond-act-of-1947/article-3-revenue-bonds/section-92488

Other sections in Article 3 - Revenue Bonds

§ 92470§ 92471§ 92472§ 92473§ 92474§ 92475§ 92476§ 92477§ 92478§ 92479…§ 92489§ 92490§ 92491§ 92492§ 92493§ 92494§ 92495§ 92495.5§ 92495.6§ 92496

This content is for reference, learning, and study purposes only. All legal text should be verified against the official California Legislative Information website, which is the authoritative source for California law. Data last processed: February 8, 2026.