Section 13151.4 Of Article 9. Form And Content From California Public Utilities Code >> Division 6. >> Chapter 6.5. >> Article 9.
13151.4
. The board may provide for such bonds being payable to
bearer or only to the registered holder, either as to principal
alone, or as to both principal and interest; for such bonds being
with or without coupons; for such bonds being nonregisterable, or
registerable, either as to principal alone, or as to both principal
and interest; for such bonds being exchangeable or nonexchangeable,
convertible or nonconvertible; and for the reissuance of bonds or
coupons which have been surrendered and preserved, or for the
issuance of new bonds or coupons in the place of bonds or coupons
which have been surrendered and canceled, wherever appropriate as
incident to the discharge of any bond from registration, or to any
exchange or conversion of any bond; all on such terms and conditions,
and at such place or places, within or without the State of
California, as the board may determine.