ARTICLE 4. Bond Form and Terms

Article 4 added by Stats. 1943, Ch. 370.

§§ 11730–11740 · 12 sections

• § 11730 The department shall determine the form, conditions, and denominations of all bonds and the dates which the bonds shall bear.
• § 11731 The department and the Treasurer shall determine the interest rate or rates on the bonds. The rate or rates may be fixed or variable and shall not exceed 12…
• § 11732 It is not necessary that all bonds of the same authorized issue bear the same interest rate.
• § 11733 Principal and interest on bonds shall be payable at such place or places as may be fixed and determined by the department.
• § 11734 Bonds may contain provisions for registration thereof as to principal only or as to both principal and interest.
• § 11735 Bonds may be issued in coupon form with interest payable at such times as determined by the department and shall mature at such times and in such amounts as…
• § 11736 The department may provide for the retirement of bonds at any time or times prior to their maturity and in such manner and upon payment of such premiums as may…
• § 11736.5 The department may enter into banking, insurance, remarketing, and other financial arrangements as may be necessary or desirable to provide additional security…
• § 11737 All bonds shall be signed by the director and countersigned by the Governor.
• § 11738 The signature of the director and the Governor may be by facsimile.
• § 11739 All interest coupons shall bear the facsimile signature of the director.
• § 11740 In case any officer whose signature or countersignature appears on the bonds or coupons ceases to be such officer before the delivery of the bonds to the…