TITLE 2. GOVERNMENT OF THE STATE OF CALIFORNIA 8000-22980›DIVISION 3. EXECUTIVE DEPARTMENT 11000-15986›PART 2. CONSTITUTIONAL OFFICERS 12001-12790›CHAPTER 5. Controller 12402-12481›ARTICLE 2. Duties 12410-12431

§ 12420.1

California Government Code · 2020-11 edition · updated 2026-10-04 · California

The Controller shall establish special accounts for any state officer or employee requesting salary or wage deductions in order that sufficient funds may be accumulated to his credit for the purchase of United States savings bonds or similar United States obligations. Funds so accumulated are trust funds and may be withdrawn from the treasury upon claims filed by the Controller for the purchase of such obligations, or for refunds.

(Added by Stats. 1955, Ch. 653.)

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California Government Code

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