SECTION 1702. Distribution on Dissolution, Liquidation and Reorganization; Subrogation of Securities................ 82 Section 1703. Payments on Securities Permitted......................... 84 Section 1704. Authorization of Holders of Securities to Trustee to Effect Subordination..................................... 84 Section 1705. Notices to Trustee....................................... 85 Section 1706. Trustee as Holder of Senior Debt......................... 86 Section 1707. Modification of Terms of Senior Debt..................... 86
SECTION 1702. Payments on Class A Bonds...............................93
SECTION 1702. Payment Over of Proceeds Upon Dissolution, Etc............................................ 96 Section 1703. Acceleration of Securities................................................................ 98 Section 1704. Default on Senior Indebtedness............................................................ 98 Section 1705. Payment Permitted if No Default........................................................... 99
SECTION 1702. Subrogation . . . . . . . . . . . . . . . . . . . . . . . . .91 SECTION 1703. Obligations of the Company Unconditional. . . . . . . . . . .91 SECTION 1704. Payments on Securities Permitted. . . . . . . . . . . . . . .92
SECTION 1702. Distribution on Dissolution, Liquidation and Reorganization; Subrogation of Securities.............89
SECTION 1702. In addition to the above, the District will contribute to other Employee benefits as 6 required by law. Present requirements are: 8 FICA, Paid Family Leave, State Retirement: Plan I, Plan II, Plan III, and State Industrial
