California § 33123 - The authority may provide for a procedure by which certain specified terms and co

Full text of California Public Contract Code - PCC § 33123 — The authority may provide for a procedure by which certain specified terms and co, with citation guidance and answers to common questions.

§ 33123. The authority may provide for a procedure by which certain specified terms and co

The authority may provide for a procedure by which certain specified terms and conditions of any resolution, contract, or agreement may be subsequently amended or modified, or any provision thereof waived, with the consent of the authority and the vote or written assent of the holders of a specified principal amount of the bonds issued and outstanding. Such provision may authorize meetings of bondholders and specify the manner in which the consent of the bondholders may be given. Such provision shall specifically state the effect of such amendment, modification, or waiver upon the rights of the holders of all of the bonds and interest coupons appertaining to the bonds, whether attached to or detached from the bonds.

Source: official California text · Last verified 2026-08-27

Frequently Asked Questions About California § 33123

What does Public Contract Code - PCC § 33123 cover?

Section 33123 ("The authority may provide for a procedure by which certain specified terms and co") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite California § 33123?

A common citation format is "Public Contract Code - PCC § 33123" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of California law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.

How does California § 33123 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in California.