Section 8751.5 Of Part 11. Advance Retirement Of Bonds From California Streets And Highways Code >> Division 10. >> Part 11.
8751.5
. In the event the treasurer receives for payment any
interest coupon from a bond for which notice of advanced maturity has
been given without the bond being surrendered to him or her, he or
she shall mail a copy of the notice of advanced maturity to the
address given for payment of the coupon and, if the coupon received
is for interest which has ceased to accrue on the bond by reason of
its advanced maturity, shall also return the interest coupon with the
copy of notice. Failure of the holder or owner of the bond to
receive the additional notice shall not affect the advancing of the
maturity of the bond.