Government Code § 5106

CHAPTER 2. Protection of Bond Guarantors

Current as of September 28, 2026Gov. Code, § 5106Official source ↗

Enacted by Stats. 1943, Ch. 134.

Whenever by operation of law or by order any issuing body defaults in the payment of its bonded indebtedness, the obligations of guarantors shall be extended for the period of the default but not to exceed three years after the commencement thereof.