§ 9400
54 words·~1 min read·
/ca/water-code/9400A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Whenever any of the bonds are sold or delivered by the State Treasurer either to a purchaser thereof or upon an order from the board payable in such bonds, the State Treasurer shall first detach therefrom and cancel all past due interest coupons and deliver the canceled coupons to the board or its secretary.