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HomeEducation CodeDiv. 7Pt. 49Ch. 5§ 81932 Bond Signature Validity Rules

§ 81932 Bond Signature Validity Rules

Education Code·California
AI Summary·Official Text·Key Terms·Related Statutes·References
AI SummaryVerified

§ 81932 Bond Signature Validity Rules

Key Takeaways

  • •The board can sign bonds by hand or use printed copies of their signatures.
  • •The county treasurer can also add their approval to make the bonds official.
  • •If someone who signed the bonds leaves their job before the bonds are given out, their signature still counts.

Example

Imagine a school board needs to borrow money to build a new school. They sign papers (bonds) to promise they'll pay the money back.

Even if the person who signed the papers quits their job before the papers are given to the bank, their signature is still good. The bank can still trust the papers.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source
View on CA.gov

§ 81932 Bond Signature Validity Rules

The board may provide for the execution and authentication of bonds by the manual, or by lithographed or printed facsimile, signature of officers of the board and by additional authentication by the county treasurer as trustee. If any of the officers whose signatures or countersignatures appear upon the bonds or coupons cease to be officers before the delivery of the bonds or coupons, their signatures or countersignatures are nevertheless valid and of the same force and effect as if the officers had remained in office until the delivery of the bonds and coupons. (Added by Stats. 1982, Ch. 251, Sec. 28. Effective June 11, 1982. Operative July 1, 1982, by Sec. 47 of Ch. 251.)

Last verified: January 23, 2026

Key Terms

the boardauthenticationeffective juneoperative julyexecution

Related Statutes

  • § 81926 Trustee Bond Management Duties
  • § 81905 Community College Revenue Bonds
  • § 81927 Bond Issuance Terms Authority
  • § 81930 Bond Call Provisions
  • § 81937 Bond Security And Redemption

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Education Code. Section 81932.
View Official Source