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HomeGovernment CodeDiv. 4Pt. 3Ch. 2§ 16678 Bond Redemption By Agents

§ 16678 Bond Redemption By Agents

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

§ 16678 Bond Redemption By Agents

Key Takeaways

  • •If you have a state bond or coupon, you can get your money back from a fiscal agent.
  • •You don’t need a special certificate to get your money—just show the bond or coupon.
  • •The fiscal agent has to give you the money if you show them the bond or coupon.

Example

You have an old state bond from your grandma that’s worth money now.

You can take it to a fiscal agent (like a bank that handles state money), and they’ll give you the cash for it—no extra papers needed.

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

Official Source
View on CA.gov

§ 16678 Bond Redemption By Agents

Any fiscal agent may redeem state bonds and coupons when duly presented to it by the holder, with or without a certificate making them payable at a fiscal agent. (Amended by Stats. 1957, Ch. 2070.)

Last verified: January 22, 2026

Key Terms

fiscal agentredeemstate bondscoupons

Related Statutes

  • § 16674 State Bond Payment Options
  • § 16677 Fiscal Agent Bond Cancellation
  • § 16672 Fiscal Agent Bond Requirements
  • § 16673 Treasurer'S Bond Redemption Authority
  • § 16676 Bond Redemption Payment Process

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Government Code. Section 16678.
View Official Source