Code Section

Education Code - EDC

TITLE 3. POSTSECONDARY EDUCATION [66000 - 101460]

  ( Title 3 enacted by Stats. 1976, Ch. 1010. )
  

DIVISION 9. UNIVERSITY OF CALIFORNIA [92000 - 93000]

  ( Division 9 enacted by Stats. 1976, Ch. 1010. )
  

PART 57. UNIVERSITY OF CALIFORNIA [92000 - 93000]

  ( Part 57 enacted by Stats. 1976, Ch. 1010. )
  

CHAPTER 5. The University of California Revenue Bond Act of 1947 [92400 - 92571]

  ( Chapter 5 enacted by Stats. 1976, Ch. 1010. )
  

ARTICLE 3. Revenue Bonds [92470 - 92496]
  ( Article 3 enacted by Stats. 1976, Ch. 1010. )

  
92488.  

The regents may designate a bank or trust company, qualified to do business in this state, as a trustee for the regents and the holders of bonds issued pursuant to this chapter, and may authorize the trustee to act on behalf of the holders of the bonds, or any stated percentage of the bonds, and to exercise and prosecute on behalf of the holders of the bonds such rights and remedies as may be available to the holders.

(Enacted by Stats. 1976, Ch. 1010.)