Section 3909 Of Chapter 1. General Provisions From California Harbors And Navigation Code >> Division 6. >> Part 4. >> Chapter 1.
3909
. All bonds issued under this part shall bear the facsimile
signature of the Governor and the facsimile countersignature of the
Controller and shall be endorsed by the State Treasurer by facsimile
signature and the bonds shall be signed, countersigned and endorsed
by the officers who shall be in office on the date of the adoption of
the resolution of the committee, and each of the bonds shall bear a
facsimile of the Great Seal of the State of California. Interest
coupons attached to each bond shall bear the facsimile signature of
the State Treasurer who shall be in office on the date of the
adoption of the resolution of the committee. The bonds and coupons so
signed, countersigned, endorsed and sealed, when sold and delivered,
shall be and constitute a valid and binding obligation upon the
State of California, although the sale or delivery thereof be made at
a date or dates upon which the officers having signed, countersigned
and endorsed the bonds, or any or either of such officers, shall
have ceased to be the incumbents of the offices held by them at the
time of signing, countersigning, or endorsing such bonds. Each bond
issued under this part shall contain a clause or clauses stating that
interest shall cease to accrue thereon from and after the date of
maturity thereof, and referring to the resolution of the committee,
by virtue of which the bond is issued.