The relief of guarantors is limited to the extent of defaults in principal, interest, or both principal and interest of the bonds guaranteed.
(Enacted by Stats. 1943, Ch. 134.)
Gov. Code § 5107, under Protection of Bond Guarantors.
Gov. Code § 5107
The relief of guarantors is limited to the extent of defaults in principal, interest, or both principal and interest of the bonds guaranteed.
(Enacted by Stats. 1943, Ch. 134.)