Section 53593 Of Article 12. Financial Advisers And Bond Counsel From California Government Code >> Division 2. >> Title 5. >> Part 1. >> Chapter 3. >> Article 12.
53593
. No bond counsel with respect to a new issue of bonds shall
also be counsel, with respect to that new issue of bonds, to the
underwriter or other initial purchaser of the bonds. This section
does not preclude the bond counsel from rendering one or more
opinions to the underwriter or purchaser with respect to the bonds,
the documents or laws pursuant to which the bonds are issued, the
official statement, offering circular, or other disclosure document
describing the bonds, or any related matter, if the opinion is
rendered as bond counsel and not as counsel to the underwriter or
purchaser.