CHAPTER 1.5. Registered Public Obligations
Chapter 1.5 added by Stats. 1983, Ch. 59, Sec. 1.
§§ 5050–5062 · 13 sections
- § 5050 This chapter may be cited as the Registered Public Obligations Act of California.
- § 5051 As used in this chapter, the following terms have the following meanings, unless the context otherwise requires: (a) “Authorized officer” means any individual…
- § 5052 (a) The code provides that interest with respect to certain obligations may not be exempt from federal income taxation unless they are in registered form. It…
- § 5053 (a) Each issuer is authorized to establish and maintain a system of registration with respect to each obligation which it issues. The system may either be (1)…
- § 5054 (a) A certificated registered public obligation shall be executed by the issuer by the manual or facsimile signature or signatures of authorized officers. Any…
- § 5055 (a) Any certificated registered public obligation signed by the authorized officers at the time of the signing thereof shall remain valid and binding,…
- § 5056 When a seal is required or permitted in the execution of any certificated registered public obligation, an authorized officer may cause the seal to be printed,…
- § 5057 (a) An issuer may appoint for such term as may be agreed, including for so long as a registered public obligation may be outstanding, corporate or other…
- § 5058 (a) An issuer, prior to or at original issuance of registered public obligations, may provide as a part of a system of registration that the transferor or…
- § 5059 Obligations issued by public entities under the laws of this state, which are in registered form, whether or not represented by an instrument, and which,…
- § 5060 (a) Records, with regard to the ownership of or security interests in registered public obligations, are not subject to inspection or copying under any law of…
- § 5061 (a) Unless at any time prior to or at original issuance of a registered public obligation the official or official body of the issuer determines otherwise,…
- § 5062 This chapter shall be construed in conjunction with the Uniform Commercial Code and the principles of contract law relative to the registration and transfer of…