California Government Code 16707 – Every new instrument and every coupon of any instrument so issued …
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Every new instrument and every coupon of any instrument so issued shall state upon its face the number and denomination of the instrument for which it is issued; that it is issued in the place of the instrument claimed to have been lost or destroyed; that it is issued as a duplicate; and that if both the original and duplicate instruments are presented to and paid by the Treasurer, he shall not be held responsible for the duplicate payment but may rely on the security given.
(Added by Stats. 1945, Ch. 120.)
Terms Used In California Government Code 16707
- instrument: means bonds, coupons, and other evidences of State indebtedness, except warrants. See California Government Code 16700
- State: means the State of California, unless applied to the different parts of the United States. See California Government Code 18