ARTICLE 1. Surrender of Bonds and Warrants
Article 1 added by Stats. 1943, Ch. 372.
§§ 24735–24738 · 4 sections
- § 24735 Any owner of any bonds or warrants of a district may surrender them to the district by giving the bonds or warrants to the secretary for cancellation.
- § 24736 The board shall then order the bonds or warrants canceled.
- § 24737 Upon the making of the order, the bonds or warrants shall cease to be an obligation of the district as of the time of their presentation to the secretary.
- § 24738 This article does not restrict any other method of releasing obligations of a district to it.