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HomePublic Utilities CodeDiv. 10Pt. 13Ch. 8Art. 2§ 101304 Bond Signing Procedures

§ 101304 Bond Signing Procedures

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

§ 101304 Bond Signing Procedures

This law says how bonds (like official money promises) must be signed by certain people in charge, and that their signatures still count even if they leave their job before the bonds are given out.

Key Takeaways

  • •Bonds must be signed by the president, treasurer, and secretary.
  • •Signatures can be printed or written by hand.
  • •If someone signs and then leaves their job, the signature still counts.

Example

A school district issues bonds to build a new school.

The president, treasurer, and secretary must sign the bonds. Even if the treasurer quits before the bonds are sold, their signature is still valid.

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

Official Source
View on CA.gov

§ 101304 Bond Signing Procedures

The bonds shall be signed by the president of the board or by such officer of the district as the board shall by resolution authorize and designate for that purpose. They shall also be signed by the treasurer, and be countersigned by the secretary. The coupons of the bonds shall be numbered consecutively and be signed by the treasurer. All signatures and countersignatures, except one of the signatures or countersignatures on the bonds, may be printed, lithographed, or engraved. If any officer whose signature or countersignature appears on the bonds or coupons ceases to be such officer before the delivery of the bonds to the purchaser, the signature or countersignature is nevertheless valid and sufficient for all purposes as if he had remained in office until the delivery of the bonds. (Added by Stats. 1971, Ch. 1161.)

Last verified: January 11, 2026

Key Terms

bondspresident of the boardtreasurersecretarycouponssignaturescountersignatures

Related Statutes

  • § 13244 Bond Signing Requirements
  • § 26244 Bond Signing Requirements
  • § 17007 Bond Signing And Payment
  • § 101300 District Treasurer Definition
  • § 101301 Bond Maturity Periods

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Public Utilities Code. Section 101304.
View Official Source