Section 3921 Of Chapter 1. General Provisions From California Harbors And Navigation Code >> Division 6. >> Part 4. >> Chapter 1.
3921
. The State Treasurer directly or through a state fiscal agent,
or agents, shall, on the respective dates of maturity of all bonds,
or on the date fixed for the prior redemption of any thereof which
may be duly called for redemption, and on the respective due dates of
all coupons pertaining to any of said bonds, other than coupons
canceled because of the redemption of any of said bonds prior to
maturity, or as soon thereafter as said bonds or coupons respectively
are surrendered to him, or to such state fiscal agent, or agents,
pay the same.