California § 55109 - The trustee acting on behalf of bondholders shall have and possess all the powers
Full text of California Public Contract Code - PCC § 55109 — The trustee acting on behalf of bondholders shall have and possess all the powers, with citation guidance and answers to common questions.
§ 55109. The trustee acting on behalf of bondholders shall have and possess all the powers
The trustee acting on behalf of bondholders shall have and possess all the powers necessary or convenient for the exercise of any functions specifically set forth in this part or incident to the general representation of bondholders in the enforcement and protection of their rights.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 55109
What does Public Contract Code - PCC § 55109 cover?
Section 55109 ("The trustee acting on behalf of bondholders shall have and possess all the powers") 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 § 55109?
A common citation format is "Public Contract Code - PCC § 55109" (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 § 55109 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.