ARTICLE 11.5. Destruction of Bonds Previously Paid and Canceled [53920. - 53921.]

Cal. Government Code - GOV 11.5.
in effect

Cal. Government Code - GOV § 53920. Section 53920.

As used in this article: (a) “Local agency” means city, county, or other public or municipal corporation. (b) “Fiscal agent” means any bank within or without the State which is authorized to pay the principal and interest of bonds of any local agency.

Cal. Government Code - GOV § 53921. Section 53921.

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.
Source: CA Legislative Counsel Bulk DataURL: https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zipFetched: 6/27/2026

Starting a business in California? California LLC guide: costs and requirements