{"code":"GOV","codeName":"Government Code","section":"5108","citation":"Gov. Code, § 5108","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"TITLE 1. GENERAL [100. - 7931.000.]","url":"https://blackletter.si/government-code/title-1"},{"name":"DIVISION 6. PUBLIC BONDS AND OBLIGATIONS [5000. - 5979.]","url":"https://blackletter.si/government-code/title-1/division-6"},{"name":"CHAPTER 2. Protection of Bond Guarantors [5100. - 5108.]","url":"https://blackletter.si/government-code/title-1/division-6/chapter-2"}],"history":"Enacted by Stats. 1943, Ch. 134.","effective":null,"html":"<p>If the guarantors function in the capacity of trustee or if the custody of the bonds is in the possession of a trustee, and administered by the trustee, he shall be required to distribute interest and principal, in the proportion that each is received by him, to the beneficiaries under the trust.</p>","text":"If the guarantors function in the capacity of trustee or if the custody of the bonds is in the possession of a trustee, and administered by the trustee, he shall be required to distribute interest and principal, in the proportion that each is received by him, to the beneficiaries under the trust.","otherVersions":[],"url":"https://blackletter.si/government-code/protection-of-bond-guarantors-5108","source":"California Legislative Information bulk export (pubinfo)"}