San Francisco |
Administrative Code |
Chapter 10. FINANCE, TAXATION, AND OTHER FISCAL MATTERS |
Article VIII. FISCAL AGENT FOR BOND PAYMENTS IN NEW YORK |
§ 10.49-2. INDEMNITY AGREEMENT AND ACCOUNT TO BE CHARGED.
Latest version.
- The requisite affidavit for payment of any lost or destroyed bond coupon shall contain an agreement to indemnify the City and County for any loss resulting from duplicate payment of such coupon, which duplicate payment, if occurring, shall be charged against the bond interest and redemption reserve.(Added by Ord. 307-60, App. 6/15/60)