California Legal Codes and Statutes

§ 54646

Added by Stats. 1949, Ch. 81.

A waiver of any default or breach of duty or contract by any bondholder or his trustee does not affect any subsequent default or breach of duty or contract nor impair any rights or remedies on the subsequent default or breach.

Cite this section

Cal. Gov. Code § 54646 (2026)
https://ca.codecond.com/codes/gov/title-5-local-agencies/division-2-cities-counties-and-other-agencies/part-1-powers-and-duties-common-to-cities-counties-and-other-agencies/chapter-6-revenue-bond-law-of-1941/article-10-remedies-of-bondholders/section-54646

Other sections in Article 10 - Remedies of Bondholders

§ 54640§ 54641§ 54642§ 54643§ 54644§ 54645§ 54646§ 54647§ 54648§ 54649

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