TITLE 2. GOVERNMENT OF THE STATE OF CALIFORNIA 8000-22980›DIVISION 3. EXECUTIVE DEPARTMENT 11000-15986›PART 3. DEPARTMENT OF FINANCE 13000-13881›CHAPTER 6. Purchase and Sale of Bonds 13451-13474›ARTICLE 1. General 13451-13451
§ 13451
California Government Code · 2020-11 edition · updated 2026-10-04 · California
At any sale of bonds by the Treasurer the director may become a bidder and purchase bonds with the funds at his disposal. The appropriate transfer of funds shall be made by the Controller and Treasurer on the books of their offices.
No purchase of bonds shall be completed by the director until the Attorney General has approved the validity of the issue.
No certified check, bond or other assurance in law shall be required from the director or the State upon a bid made by the director under this section.
(Added by Stats. 1945, Ch. 112.)
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