{"code":"GOV","codeName":"Government Code","section":"54647","citation":"Gov. Code, § 54647","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"TITLE 5. LOCAL AGENCIES [50001. - 57607.]","url":"https://blackletter.si/government-code/title-5"},{"name":"DIVISION 2. CITIES, COUNTIES, AND OTHER AGENCIES [53000. - 55821.]","url":"https://blackletter.si/government-code/title-5/division-2"},{"name":"PART 1. POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIES [53000. - 54999.7.]","url":"https://blackletter.si/government-code/title-5/division-2/part-1"},{"name":"CHAPTER 6. Revenue Bond Law of 1941 [54300. - 54700.]","url":"https://blackletter.si/government-code/title-5/division-2/part-1/chapter-6"},{"name":"ARTICLE 10. Remedies of Bondholders [54640. - 54649.]","url":"https://blackletter.si/government-code/title-5/division-2/part-1/chapter-6/article-10"}],"history":"Added by Stats. 1949, Ch. 81.","effective":null,"html":"<p>The delay or omission of any bondholder or his trustee to exercise any right or power accruing upon any default does not impair the right or power and is not a waiver of the default or acquiescence in it.</p>","text":"The delay or omission of any bondholder or his trustee to exercise any right or power accruing upon any default does not impair the right or power and is not a waiver of the default or acquiescence in it.","otherVersions":[],"url":"https://blackletter.si/government-code/remedies-of-bondholders-54647","source":"California Legislative Information bulk export (pubinfo)"}