§ 100608 Bond Delivery And Payment

This rule says you can get a bond from this chapter delivered wherever you want, even outside the state, and you can pay for it with cash or a bank transfer.

Key Takeaways

•Bonds can be sent to any location, inside or outside the state.
•You can pay for the bond with cash or a bank credit.
•The rule applies to all bonds issued under this chapter.

Example

John lives in another state and wants to buy a bond issued by this state. He orders it online, and the bond is mailed to his home. He pays for it using a bank transfer.

Because the law lets bonds be delivered anywhere and lets the buyer pay with cash or bank credits, John can receive the bond in his own state and pay with his bank account.

Delivery of any bonds issued under this chapter may be made at any place either inside or outside the state, and the purchase price may be received in cash or bank credits. (Added by Stats. 2003, Ch. 727, Sec. 1. Effective January 1, 2004.)

This rule says you can get a bond from this chapter delivered wherever you want, even outside the state, and you can pay for it with cash or a bank transfer.

Key Takeaways

•Bonds can be sent to any location, inside or outside the state.
•You can pay for the bond with cash or a bank credit.
•The rule applies to all bonds issued under this chapter.

Example

John lives in another state and wants to buy a bond issued by this state. He orders it online, and the bond is mailed to his home. He pays for it using a bank transfer.

Because the law lets bonds be delivered anywhere and lets the buyer pay with cash or bank credits, John can receive the bond in his own state and pay with his bank account.

Key Takeaways

Example

Key Terms

References

§ 100608 Bond Delivery And Payment

Key Takeaways

Example

Key Terms

References

Key Takeaways

Example

Key Terms

Related Statutes

References

Key Takeaways

Example

Key Terms

Related Statutes

References