California Government Code CHAPTER 1.5 - Registered Public Obligations

• Section 5050.
  This chapter may be cited as the Registered Public Obligations Act of California.(Added by Stats. 1983, Ch. 59, Sec. 1. Effective June 2, 1983.)
• Section 5051.
  As used in this chapter, the following terms have the following meanings, unless the context otherwise requires:(a) “Authorized officer” means any individual required or permitted, alone...
• Section 5052.
  (a) The code provides that interest with respect to certain obligations may not be exempt from federal income taxation unless they are in registered form. It...
• Section 5053.
  (a) Each issuer is authorized to establish and maintain a system of registration with respect to each obligation which it issues. The system may either be...
• Section 5054.
  (a) A certificated registered public obligation shall be executed by the issuer by the manual or facsimile signature or signatures of authorized officers. Any signature of...
• Section 5055.
  (a) Any certificated registered public obligation signed by the authorized officers at the time of the signing thereof shall remain valid and binding, notwithstanding that before...
• Section 5056.
  When a seal is required or permitted in the execution of any certificated registered public obligation, an authorized officer may cause the seal to be...
• Section 5057.
  (a) An issuer may appoint for such term as may be agreed, including for so long as a registered public obligation may be outstanding, corporate or...
• Section 5058.
  (a) An issuer, prior to or at original issuance of registered public obligations, may provide as a part of a system of registration that the transferor...
• Section 5059.
  Obligations issued by public entities under the laws of this state, which are in registered form, whether or not represented by an instrument, and which,...
• Section 5060.
  (a) Records, with regard to the ownership of or security interests in registered public obligations, are not subject to inspection or copying under any law of...
• Section 5061.
  (a) Unless at any time prior to or at original issuance of a registered public obligation the official or official body of the issuer determines otherwise,...
• Section 5062.
  This chapter shall be construed in conjunction with the Uniform Commercial Code and the principles of contract law relative to the registration and transfer of...

Last modified: October 22, 2018