Statute · California Government Code

Cal. Gov't Code § 16771 — Payment, Cancellation, and Redemption of Bonds

Cal. Gov't Code § 16771

Type
Statute
Source
California Government Code
Jurisdiction
California
Date
2001-07-24
Current through
Nov 2, 2026 (California Legislative Counsel)

Upon the payment of any such bond or coupon, the State Treasurer, or the state fiscal agent, or other duly authorized agent, shall cancel the same in a manner to indicate the payment. The State Treasurer, or state fiscal agents, or other duly authorized agents, shall also on the respective dates…

Citator

Cal. Gov't Code § 16771 — Payment, Cancellation, and Redemption of Bonds is in force in the current edition of the Code, and nothing recorded condemns it.

Upon the payment of any such bond or coupon, the State Treasurer, or the state fiscal agent, or other duly authorized agent, shall cancel the same in a manner to indicate the payment. The State Treasurer, or state fiscal agents, or other duly authorized agents, shall also on the respective dates of maturity of any such bonds that have been executed but remain unsold, cancel the same in a manner to indicate cancellation and on the respective due dates of all coupons attached to any such bond remaining unsold, shall detach all coupons the due date of which has been reached, and cancel them in the same manner as provided for the cancellation of bonds remaining unsold.