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HomeGovernment CodeDiv. 4Pt. 3Ch. 2§ 16674 State Bond Payment Options

§ 16674 State Bond Payment Options

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

§ 16674 State Bond Payment Options

Key Takeaways

  • •If the State gives you a bond or coupon that says you can get paid at the Treasurer's Office,
  • •You can also choose to get paid at any fiscal agent (like a bank that works with the State).
  • •This rule was updated in 1957.

Example

You have a State bond that says you can cash it at the Treasurer's Office.

You can also cash it at a bank that works with the State, not just the Treasurer's Office.

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

Official Source
View on CA.gov

§ 16674 State Bond Payment Options

All bonds and coupons issued by the State, which by their terms are payable at the Office of the Treasurer, without further designation of a place of payment, are at the option of the holder also payable at any fiscal agent. (Amended by Stats. 1957, Ch. 2070.)

Last verified: January 22, 2026

Key Terms

bondscouponsOffice of the Treasurerfiscal agent

Related Statutes

  • § 16677 Fiscal Agent Bond Cancellation
  • § 16672 Fiscal Agent Bond Requirements
  • § 16678 Bond Redemption By Agents
  • § 16673 Treasurer'S Bond Redemption Authority
  • § 16676 Bond Redemption Payment Process

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Government Code. Section 16674.
View Official Source