§ 16652 Lost State Bond Replacement

• •If important money papers (like bonds) from the state get lost or ruined, the Treasurer can try to stop anyone from cashing them in.
• •The Treasurer will tell the people who handle the state’s money to also stop payments on those lost papers.
• •This only works for things like bonds, not for other types of money promises like warrants.

Imagine you have a special paper from the state that says they owe you $100, but you lose it in a fire.

The Treasurer can try to make sure no one else can use that paper to get the $100, and they’ll tell the bank to watch out for it too.