California Legal Codes and Statutes

§ 54647

Added by Stats. 1949, Ch. 81.

The delay or omission of any bondholder or his trustee to exercise any right or power accruing upon any default does not impair the right or power and is not a waiver of the default or acquiescence in it.

Cite this section

Cal. Gov. Code § 54647 (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-54647

Other sections in Article 10 - Remedies of Bondholders

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

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