Water Code section 25115

The approval of the holders of outstanding refunding bonds affected by the modification shall be evidenced by either of the following:

(b)

An order under federal bankruptcy law that is binding upon the holders and owners of all of the outstanding refunding bonds affected.

Source: Section 25115, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=WAT§ionNum=25115.­ (updated Jan. 1, 2003; accessed Jul. 21, 2025).

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Verified:
Jul. 21, 2025

§ 25115's source at ca​.gov