§ 19-302.  Interest Payments.
   (1)   In the event that fully registered bonds without coupons are issued subsequent to the date of the original issue, such bonds shall bear interest from the semi-annual interest-payment date next preceding the date of such issue, unless the date of such issue shall be a semi-annual interest-payment date, in which case such fully registered bonds without coupons shall bear interest from such semi-annual interest-payment date. The date from which the fully registered bonds shall bear interest shall be inserted at the time of issue in the place indicated on the bond.