§ 50740 Bond Payment Locations

• •The board can decide where to pay back the money borrowed (bonds) - inside or outside California.
• •They can choose what kind of U.S. money (like coins or bills) to use for these payments.

Imagine the board borrowed money to build a new school.

They can decide to pay back that money in Sacramento or even New York, and they can choose to pay in dollars and cents, just like you use to buy things.