§142‑6. Registration as to principal and interest.
(a) If, upon theregistration of any such bond or certificate dated prior to January 1, 1965, orat any time after such registration, the coupons thereto attached, evidencingall interest to be paid thereon to the date of maturity, shall be surrendered,such coupons shall be canceled by the Treasurer, and he shall sign a statementendorsed upon such bond or certificate of the cancellation of all unmaturedcoupons and of the fact that such bond or certificate has been converted into afully registered bond or certificate, and shall make like entry in the saidregister. Thereafter the interest evidenced by such canceled coupons shall bepaid at the time provided therein, to the registered owner or his legal representatives,in New York exchange, mailed to his address, unless he shall have requested theState Treasurer to pay such interest in funds current at the State capital,which request shall be entered in the said register.
(b) If, upon theregistration of any such bond or certificate dated on or after January 1, 1965,or at any time after such registration, the coupons thereto attached,evidencing all interest to be paid thereon to the date of maturity, shall besurrendered, such coupons shall be detached and retained in the custody of theState Treasurer, and the State Treasurer shall endorse upon such bond orcertificate the fact that such bond or certificate has been converted into afully registered bond or certificate, and shall make like entry in saidregister. Thereafter the interest evidenced by such detached coupons shall bepaid at the times provided therein to the registered owner or his legalrepresentatives, in New York exchange, mailed to his address, unless he shallhave requested the State Treasurer to pay such interest in funds current at theState capital, which request shall be entered in said register. Any such bondor certificate, if converted into a bond or certificate registered as to bothprincipal and interest, may be reconverted at the expense of the registeredowner into a coupon bond or certificate upon presentation thereof to the StateTreasurer, accompanied by an instrument duly executed by the registered owneror his legal representatives in such form as shall be satisfactory to the StateTreasurer; upon any such reconversion the State Treasurer shall reattachthereto the coupons representing the interest to become due thereafter on suchbond or certificate to the date of maturity and shall make notation upon suchbond or certificate whether such bond or certificate is registered as toprincipal alone or is payable to bearer, and shall make like entry in saidregister and he shall cancel any detached coupons retained by him representinginterest that has been paid. (1856, c. 16; 1883, c. 25, s.2; Code, s. 3569; 1887, c. 287, s. 2; Rev., s. 5026; C.S., s. 7406; Ex. Sess.1921, c. 66, s. 5; 1965, c. 181, s. 1.)
§142‑6. Registration as to principal and interest.
(a) If, upon theregistration of any such bond or certificate dated prior to January 1, 1965, orat any time after such registration, the coupons thereto attached, evidencingall interest to be paid thereon to the date of maturity, shall be surrendered,such coupons shall be canceled by the Treasurer, and he shall sign a statementendorsed upon such bond or certificate of the cancellation of all unmaturedcoupons and of the fact that such bond or certificate has been converted into afully registered bond or certificate, and shall make like entry in the saidregister. Thereafter the interest evidenced by such canceled coupons shall bepaid at the time provided therein, to the registered owner or his legal representatives,in New York exchange, mailed to his address, unless he shall have requested theState Treasurer to pay such interest in funds current at the State capital,which request shall be entered in the said register.
(b) If, upon theregistration of any such bond or certificate dated on or after January 1, 1965,or at any time after such registration, the coupons thereto attached,evidencing all interest to be paid thereon to the date of maturity, shall besurrendered, such coupons shall be detached and retained in the custody of theState Treasurer, and the State Treasurer shall endorse upon such bond orcertificate the fact that such bond or certificate has been converted into afully registered bond or certificate, and shall make like entry in saidregister. Thereafter the interest evidenced by such detached coupons shall bepaid at the times provided therein to the registered owner or his legalrepresentatives, in New York exchange, mailed to his address, unless he shallhave requested the State Treasurer to pay such interest in funds current at theState capital, which request shall be entered in said register. Any such bondor certificate, if converted into a bond or certificate registered as to bothprincipal and interest, may be reconverted at the expense of the registeredowner into a coupon bond or certificate upon presentation thereof to the StateTreasurer, accompanied by an instrument duly executed by the registered owneror his legal representatives in such form as shall be satisfactory to the StateTreasurer; upon any such reconversion the State Treasurer shall reattachthereto the coupons representing the interest to become due thereafter on suchbond or certificate to the date of maturity and shall make notation upon suchbond or certificate whether such bond or certificate is registered as toprincipal alone or is payable to bearer, and shall make like entry in saidregister and he shall cancel any detached coupons retained by him representinginterest that has been paid. (1856, c. 16; 1883, c. 25, s.2; Code, s. 3569; 1887, c. 287, s. 2; Rev., s. 5026; C.S., s. 7406; Ex. Sess.1921, c. 66, s. 5; 1965, c. 181, s. 1.)
§142‑6. Registration as to principal and interest.
(a) If, upon theregistration of any such bond or certificate dated prior to January 1, 1965, orat any time after such registration, the coupons thereto attached, evidencingall interest to be paid thereon to the date of maturity, shall be surrendered,such coupons shall be canceled by the Treasurer, and he shall sign a statementendorsed upon such bond or certificate of the cancellation of all unmaturedcoupons and of the fact that such bond or certificate has been converted into afully registered bond or certificate, and shall make like entry in the saidregister. Thereafter the interest evidenced by such canceled coupons shall bepaid at the time provided therein, to the registered owner or his legal representatives,in New York exchange, mailed to his address, unless he shall have requested theState Treasurer to pay such interest in funds current at the State capital,which request shall be entered in the said register.
(b) If, upon theregistration of any such bond or certificate dated on or after January 1, 1965,or at any time after such registration, the coupons thereto attached,evidencing all interest to be paid thereon to the date of maturity, shall besurrendered, such coupons shall be detached and retained in the custody of theState Treasurer, and the State Treasurer shall endorse upon such bond orcertificate the fact that such bond or certificate has been converted into afully registered bond or certificate, and shall make like entry in saidregister. Thereafter the interest evidenced by such detached coupons shall bepaid at the times provided therein to the registered owner or his legalrepresentatives, in New York exchange, mailed to his address, unless he shallhave requested the State Treasurer to pay such interest in funds current at theState capital, which request shall be entered in said register. Any such bondor certificate, if converted into a bond or certificate registered as to bothprincipal and interest, may be reconverted at the expense of the registeredowner into a coupon bond or certificate upon presentation thereof to the StateTreasurer, accompanied by an instrument duly executed by the registered owneror his legal representatives in such form as shall be satisfactory to the StateTreasurer; upon any such reconversion the State Treasurer shall reattachthereto the coupons representing the interest to become due thereafter on suchbond or certificate to the date of maturity and shall make notation upon suchbond or certificate whether such bond or certificate is registered as toprincipal alone or is payable to bearer, and shall make like entry in saidregister and he shall cancel any detached coupons retained by him representinginterest that has been paid. (1856, c. 16; 1883, c. 25, s.2; Code, s. 3569; 1887, c. 287, s. 2; Rev., s. 5026; C.S., s. 7406; Ex. Sess.1921, c. 66, s. 5; 1965, c. 181, s. 1.)
