§ 9460
56 words·~1 min read·
/ca/water-code/9460A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
If any bond or interest coupon has not been presented to the State Treasurer for payment when it becomes due, it shall cease to bear interest, but if presented at or after such time and not paid for want of funds, the State Treasurer shall indorse the bond or coupon, together with the date of presentation.