§ 9555 Bond Fund Crediting Rules

• •Money paid for bonds or coupons goes to the State Treasurer.
• •The State Treasurer puts this money into a special fund called the 'bond fund'.
• •This rule was added in 1943.

You pay money to buy a special certificate from the state.

That money you paid goes to the State Treasurer, who then puts it into a special money box called the 'bond fund'.