Section 54316 Of Article 1. Definitions And General Provisions From California Government Code >> Division 2. >> Title 5. >> Part 1. >> Chapter 6. >> Article 1.

. "Holder of bonds" or "bondholder" means:
  (a) The bearer of any outstanding bond registered to bearer or not registered.
  (b) The registered owner of an outstanding bond registered other than to bearer at the time.