By a suit in equity a bondholder or his trustee may require the local agency and its legislative body to account as the trustee of an express trust.
Cal. Gov. Code § 54643
Remedies of Bondholders
Known as the Revenue Bond Law
The act spans §§ 54300 to 54700 (157 sections).
Added by Stats. 1949, Ch. 81.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.