California § 59472 - The reassessment shall not be recorded until the occurrence of either of the foll

Full text of California Public Contract Code - PCC § 59472 — The reassessment shall not be recorded until the occurrence of either of the foll, with citation guidance and answers to common questions.

§ 59472. The reassessment shall not be recorded until the occurrence of either of the foll

The reassessment shall not be recorded until the occurrence of either of the following: (a) The holders of all original bonds and coupons contract by bondholders’ proposal or otherwise to exchange their bonds and coupons in the proceedings. (b) If they do not so contract, adequate provision is made pursuant to this chapter for the retirement or payment of the bonds and coupons of nonconsenting holders or their bonds have been subjected to retirement or payment by decree or order of court pursuant to federal bankruptcy laws.

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

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Frequently Asked Questions About California § 59472

What does Public Contract Code - PCC § 59472 cover?

Section 59472 ("The reassessment shall not be recorded until the occurrence of either of the foll") 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 § 59472?

A common citation format is "Public Contract Code - PCC § 59472" (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 § 59472 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.