Section 50632 Of Article 2. Registration Of Bonds From California Government Code >> Division 1. >> Title 5. >> Part 1. >> Chapter 3. >> Article 2.

. If the registered bonds and coupons are not presented for payment within thirty days from mailing of the notice the treasurer shall apply the fund set aside to the payment of the unpaid registered bonds and coupons next in order, until all registered bonds and coupons have been called.