55.10 - Endorsements of principal payments on bonds and notes.

§ 55.10 Endorsements of principal payments on bonds and notes.  A bond  or  note  shall  not  provide  for the notation of payments of principal  thereon. Only one bond or note shall be set forth in a single instrument  and such bond or note, when paid, shall be surrendered for  cancellation  or destruction in the manner provided in this chapter.