Section 483.8 Of Article 3. Provisions Of Resolution Of Issuance And Supplemental Resolutions From California Military And Veterans Code >> Division 2. >> Part 1. >> Chapter 10. >> Article 3.
483.8
. 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 California National Guard Finance Committee and
the vote or written consent of the holders of a specified principal
amount or specified proportion of the revenue bonds issued and
outstanding. Such provisions may include provisions for meetings of
revenue bond holders and for the manner in which the consent of the
revenue bondholders may be given. A resolution of issuance may
provide that the revenue bonds 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 revenue bonds or
be entitled to vote or consent, but shall nevertheless be subject to
any such modification or amendment.