§ 103506 Bond Delivery And Payment

This law says that when you buy bonds, you have to pick them up at the district treasurer’s office, and you can pay with cash or a cashier’s check.

Key Takeaways

•Bonds must be handed over at the district treasurer’s office.
•You can pay for the bonds with cash.
•You can also pay with a cashier’s check.
•No other payment methods are mentioned in this law.

Example

Jane wants to buy a local government bond. She goes to the district treasurer’s office, hands over a cashier’s check for the price, and receives the bond there.

Because the law requires bond delivery at the treasurer’s office and only cash or cashier’s check as payment, Jane follows those rules to complete the purchase.

This law says that when you buy bonds, you have to pick them up at the district treasurer’s office, and you can pay with cash or a cashier’s check.

Key Takeaways

•Bonds must be handed over at the district treasurer’s office.
•You can pay for the bonds with cash.
•You can also pay with a cashier’s check.
•No other payment methods are mentioned in this law.

Example

Jane wants to buy a local government bond. She goes to the district treasurer’s office, hands over a cashier’s check for the price, and receives the bond there.

Because the law requires bond delivery at the treasurer’s office and only cash or cashier’s check as payment, Jane follows those rules to complete the purchase.

Key Takeaways

Example

Key Terms

References

§ 103506 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