Section 53921 Of Article 11.5. Destruction Of Bonds Previously Paid And Canceled From California Government Code >> Division 2. >> Title 5. >> Part 1. >> Chapter 4. >> Article 11.5.

. Under such conditions as the treasurer of a local agency fixes, with the approval of the legislative body, he, or fiscal agents, or other duly authorized agents, may destroy or cremate any or all bonds and any or all coupons pertaining thereto which have been previously paid or canceled.