As used in this chapter, “bond” means any bond and the interest coupons attached thereto issued by any public body.
Chapter 4Signatures
Section § 5300
This law section defines the term "bond" as any bond, along with the interest coupons attached to it, that is issued by a government or public entity.
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Section § 5301
This law defines the term "public body" to include counties, cities, districts, or other political subdivisions within the state.
As used in this chapter, “public body” means any county, city, district, or any other political subdivision of the State.
public body definition counties cities districts political subdivisions state subdivisions local government entities municipalities governmental bodies subdivisions of the state
Section § 5302
This California law explains how bonds issued by public bodies need to be signed. Normally, two or more officials are required to manually sign these bonds. However, most of these signatures can be printed or created by other mechanical means, as long as one signature is signed by hand in person.
Alternatively, all signatures can be facsimile or mechanically reproduced, if the governing board decides this is acceptable. In this case, the bonds only become valid once they are manually signed by an official or agent specifically appointed by the board.
(a)CA Government Code § 5302(a) Wherever any statute requires that any bond issued by a public body be signed, manually by two or more officers or other individuals, all signatures and countersignatures may be printed, lithographed, engraved, or otherwise mechanically reproduced except that one of said signatures or countersignatures to the bonds shall be manually affixed. The signature may be affixed in accordance with the provisions of the Uniform Facsimile Signatures of Public Officials Act, Chapter 6 (commencing with Section 5500) of Title 1.
(b)CA Government Code § 5302(b) Notwithstanding subdivision (a), the governing board of the public body may, in its discretion, determine that all of the required signatures and countersignatures shall be by facsimiles, provided, however, that the bonds shall not be valid or become obligatory for any purpose until manually signed by an authenticating agent duly appointed by the governing board or its authorized designee.
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Section § 5303
This California law allows deputies of public officers to sign or countersign bonds on behalf of their superior officers, as long as they have written authorization to do so. This applies when laws or regulations require bonds to be manually signed by public officers.
Whenever under any law of this State, or under the provisions of any ordinance, resolution or order, bonds of any public body are required or permitted to be signed or countersigned manually by any public officer who is permitted by law to have a deputy, such bonds may be signed or countersigned on behalf of such officer by any deputy of such officer who has been authorized by such officer in writing so to sign or countersign.
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Section § 5304
This law states that if an official or their deputy signed, countersigned, or attested a bond or its coupons, and then left office before the bonds were delivered, those signatures remain valid, just as if they were still in office at the time of delivery.
If any officer or deputy whose signature, countersignature or attestation appears on bonds or coupons ceases to be such officer or deputy before delivery of the bonds, his signature, countersignature or attestation appearing either on the bonds or coupons or both is valid and sufficient for all purposes to the same extent as if he had remained in office until the delivery of the bonds.
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