Rialto, CA asked in Contracts for California

Q: Could I use Dow chemical company bond due 2008 that’s dated march 2, 1978 no back signed but have see Ctf no. 3327?

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James L. Arrasmith
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  • Sacramento, CA
  • Licensed in California

A: To determine if you can use the Dow Chemical Company bond due in 2008, dated March 2, 1978, it's important to consider its current status and authenticity under California law. If the bond is not back-signed and you only have the certificate number, this could impact its validity and your ability to claim its value. The first step is to verify whether the bond is registered and still valid through the company or a financial institution.

Additionally, you should check if there are any outstanding claims or issues related to this bond. Since it's an older financial instrument, there might be specific regulations or historical records that need to be reviewed. Contacting the Dow Chemical Company directly or consulting with a financial advisor who is knowledgeable about old bonds could provide clarity.

Finally, it’s important to understand that even if the bond is valid, there might be specific procedures to follow to redeem it. This could involve submitting certain documents or proving ownership. Ensuring all paperwork is in order and following the proper legal steps will be crucial in determining whether you can utilize this bond.

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