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HomePublic Utilities CodeDiv. 7Ch. 6§ 17007 Bond Signing And Payment

§ 17007 Bond Signing And Payment

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

§ 17007 Bond Signing And Payment

Key Takeaways

  • •The bonds must be signed by the president of the board and the clerk.
  • •The bonds must have the district's seal on them.
  • •The coupons must be numbered in order and signed by the treasurer.
  • •The bonds and coupons must be payable at the treasurer's office.

Example

A school district wants to borrow money to build a new school.

The district must follow these rules when creating the bonds: the president and clerk sign them, the district's seal is added, the coupons are numbered and signed by the treasurer, and payments are made at the treasurer's office.

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

Official Source
View on CA.gov

§ 17007 Bond Signing And Payment

The bonds shall be signed by the president of the board and countersigned by the clerk, and shall have the seal of the district attached. The coupons shall be numbered consecutively and signed by the treasurer, by original or facsimile signature, and the bonds and coupons shall be payable at the office of the treasurer. (Added by Stats. 1953, Ch. 72.)

Last verified: January 23, 2026

Key Terms

bondscouponspresident of the boardclerktreasurerseal of the district

Related Statutes

  • § 101304 Bond Signing Procedures
  • § 13244 Bond Signing Requirements
  • § 26244 Bond Signing Requirements
  • § 17008 Bond Officer Signature Validity
  • § 101231 Public Bond Investment Rules

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Public Utilities Code. Section 17007.
View Official Source