§ 26340 Bond Payment Locations

• •The government can decide where to pay back the money they borrowed (like inside or outside California).
• •They can choose what kind of money to use for paying back (like U.S. dollars).
• •This rule was added a long time ago, in 1947.

Imagine the government borrowed money to build a school.

They can decide to pay back that money in Los Angeles or even New York, and they can use U.S. dollars to do it.