ARTICLE 5. Registration of Bonds [15190. - 15194.]

Cal. Education Code - EDC 5.

in effect

Cal. Education Code - EDC § 15190. Section 15190.

Whenever the owner of any coupon bond or of any bond payable to bearer presents the bond to the treasurer or other officer of the county in which the district is located, who by law performs the duties of treasurer, with a request for the conversion of the bond into a registered bond, the treasurer or other officer shall cut off and cancel the coupons of the coupon bond, and shall stamp, print, or write upon the coupon bond or other bond payable to the bearer, either upon its back or upon its face, as may be convenient, a statement to the effect that the bond is registered in the name of the owner and that thereafter the interest and principal of the bond are payable to the registered owner.

Cal. Education Code - EDC § 15191. Section 15191.

After registration any bond may be transferred by the registered owner in person, or by attorney duly authorized, on presentation of the bond to the treasurer or other officer performing the duties of treasurer. The bond may be again registered as before, a similar statement being stamped, printed, or written thereon.

Cal. Education Code - EDC § 15192. Section 15192.

The statement stamped, printed, or written upon the bond may be substantially in the following form: (Date, giving month, day, and year.) This bond is registered pursuant to the statute in such cases made and provided in the name of (insert name of owner) and the interest and principal thereof are hereafter payable to the owner. Treasurer (or other officer)

Cal. Education Code - EDC § 15193. Section 15193.

After any bond has been registered as provided in this article, the principal and interest of the bond shall be payable to the registered owner.

Cal. Education Code - EDC § 15194. Section 15194.

The treasurer or other officer shall keep in his or her office a book or books which shall at all times show what bonds are registered and in whose name respectively.

Source: CA Legislative Counsel Bulk DataURL: https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zipFetched: 6/27/2026