Section 1002.20 Of Article 3. Provisions Of Resolutions Of Issuance And Supplemental Resolutions From California Military And Veterans Code >> Division 4. >> Chapter 7. >> Article 3.
1002.20
. A resolution of issuance may include provisions
prescribing a procedure by which the terms and conditions of the
resolution may be subsequently amended or modified with the consent
of the department and the Veterans' Debenture Finance Committee and
the vote or written consent of the holders of a specified principal
amount or specified proportion of the debentures issued and
outstanding. Such provisions may include provisions for meetings of
debenture holders and for the manner in which the consent of the
debenture holders may be given. A resolution of issuance may provide
that debentures held by the department or by the State of California
or any political subdivision, public corporation or agency thereof
shall not be counted as outstanding debentures or be entitled to vote
or consent, but shall nevertheless be subject to any such
modification or amendment.