§ 30906 Bond Delivery And Payment

Public Utilities Code·California

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Key Takeaways

•You can hand over bonds (like special money papers) anywhere, even outside the state.
•You can pay for bonds with cash or money in the bank.
•This rule was added a long time ago, in 1964.

Example

You buy a bond from someone who lives in another state.

You can meet them in their state to get the bond, and you can pay them with cash or money from your bank.

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

Official Source

View on CA.gov

§ 30906 Bond Delivery And Payment

Delivery of any bonds 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. 1964, 1st Ex. Sess., Ch. 62.)

Last verified: January 23, 2026

Key Terms

bonds purchase price cash or bank credits

References

Official text at leginfo.legislature.ca.gov
California Legislature. Public Utilities Code. Section 30906.

Key Takeaways

Example

Key Terms

Related Statutes

References

Key Takeaways

Example

Key Terms

Related Statutes

References