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HomeWater CodeDiv. 6Pt. 3Ch. 8Art. 4§ 11740 Officer Signature Validity Bonds

§ 11740 Officer Signature Validity Bonds

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

§ 11740 Officer Signature Validity Bonds

This law says that if a government officer signs official money papers (like bonds) and then leaves their job before the papers are given to the buyer, their signature still counts as valid.

Key Takeaways

  • •If an officer signs bond papers and then leaves their job, the signature is still valid.
  • •The bond can still be sold even if the person who signed it is no longer in office.
  • •This rule helps avoid problems when government workers change jobs.

Example

A city official signs papers for a new school bond but quits their job the next day.

Even though the official is no longer working there, their signature on the bond papers is still good, and the bond can be sold.

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

Official Source
View on CA.gov

§ 11740 Officer Signature Validity Bonds

In case 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, his signature or countersignature shall nevertheless be valid and sufficient for all purposes the same as if he had remained in the office until the delivery of the bonds. (Added by Stats. 1943, Ch. 370.)

Last verified: January 11, 2026

Key Terms

signaturecountersignaturebondscouponsofficer

Related Statutes

  • § 11730 Bond Form And Conditions
  • § 11732 Variable Bond Interest Rates
  • § 11737 Bond Signing Requirements
  • § 11738 Facsimile Signature Authorization
  • § 11700 Department Bond Issuance Authority

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Water Code. Section 11740.
View Official Source