§ 54647
39 words·~1 min read·
/ca/government-code/54647A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The delay or omission of any bondholder or his trustee to exercise any right or power accruing upon any default does not impair the right or power and is not a waiver of the default or acquiescence in it.