§ 4705 -   Notice on default

§ 4705. Notice on default

Before declaring the principal of notes or bonds due and payable, the trustee must first give 30 days' notice in writing to the governor, the bank, the state treasurer and the attorney general of the state. (Added 1969, No. 216 (Adj. Sess.), § 3, eff. March 27, 1970.)