Water Code section 9400

Whenever any of the bonds are sold or delivered by the State Treasurer either to a purchaser thereof or upon an order from the board payable in such bonds, the State Treasurer shall first detach therefrom and cancel all past due interest coupons and deliver the canceled coupons to the board or its secretary.

Source: Section 9400, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=WAT§ionNum=9400.­ (updated Jan. 1, 1943; accessed Jun. 30, 2025).

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Verified:
Jun. 30, 2025

§ 9400's source at ca​.gov