Section 56886 and any term and condition provided by, or made pursuant to, that section shall be enforceable by, between, among, and against any public agency or agencies designated in the term and condition, but shall not constitute, or be given effect as, a limitation upon the power of any bondholder or other creditor to enforce his or her rights, particularly any rights provided for by Part 5 (commencing with Section 57300), as if Section 56886 had not been enacted or the term and condition had not been made or provided pursuant to that section.
Cal. Gov. Code § 56122
Introductory and General Provisions
Known as the Cortese-Knox-Hertzberg Local Government Reorganization Act
The act spans §§ 56000–57550 (507 sections).
Applied in 1 court decision — leading case Voices for Rural Living v. El Dorado Irrigation District (2012)
Most recently applied in Voices for Rural Living v. El Dorado Irrigation District (October 2012)
Amended by Stats. 2000, Ch. 761, Sec. 42
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.