Chapter 10 — FINANCE TAXATION AND OTHER FISCAL MATTERS ,,
SEC. 10.14. RECEIPT OF NEGOTIABLE PAPER FOR COLLECTION – WHEN PAYMENT IS DEEMED MADE.
San Francisco Administrative Code · 2025 edition · ingested 2026-07-08 · San Francisco
When negotiable paper is honored and paid upon presentation and the proceeds thereof deposited in the Treasury of the City and County in the usual course of business, then and not before, the obligation for which it was tendered shall be deemed paid as at the date of receipt of the negotiable paper.
(Ord. No. 2334(1939), Sec. 1)