PART 11. ADVANCE RETIREMENT OF BONDS [8750. - 8756.]

Part 11 added by Stats. 1941, Ch. 79.

§§ 8750–8756 · 8 sections

• § 8750 By proceeding in accordance with the provisions of this part the treasurer may advance the maturity of any bond to the second day of March or September in any…
• § 8751 Notice of advanced maturity shall be given in writing to the registered holder or owner of the bond by registered or certified mail or personal service.…
• § 8751.5 In the event the treasurer receives for payment any interest coupon from a bond for which notice of advanced maturity has been given without the bond being…
• § 8752 If notice of advanced maturity is given, the bond shall mature and become payable on the date fixed for maturity in the notice. The holder or owner of the bond…
• § 8753 The cost of serving or publishing the notice of advanced maturity shall be paid from the redemption fund.
• § 8754 More than one bond may be covered in a single notice of advanced maturity.
• § 8755 Prior to the surrender of any bond or the setting aside of any funds, the treasurer may waive and vacate any notice of advanced maturity upon being tendered…
• § 8756 In selecting bonds for retirement, the treasurer shall follow the procedure set forth in Section 8768. The decision of the treasurer in selecting bonds for…