§ 33009 Bondholder And Lessor Rights

Health and Safety Code·California

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Key Takeaways

•This law talks about who can be called an 'obligee' in certain deals.
•An obligee can be someone who owns a bond, their trustee, or someone renting property for a project.
•The government can also be an obligee if it has a contract with the agency.

Example

If a company rents a building to a city agency for a project, the company is the obligee.

The company is the obligee because it is renting property for the project.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source

View on CA.gov

§ 33009 Bondholder And Lessor Rights

“Obligee” includes any bondholder, his trustee, any lessor demising to the agency property used in connection with a project area or any assignee of all or part of his interest, and the federal government when it is a party to any contract with the agency. (Repealed and added by Stats. 1963, Ch. 1812.)

Last verified: January 23, 2026

Key Terms

obligee claim contract lease property connection

References

Official text at leginfo.legislature.ca.gov
California Legislature. Health and Safety Code. Section 33009.

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Key Takeaways

Example

Key Terms

Related Statutes

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