Statute · California Government Code
Cal. Gov't Code § 13451 — General
Cal. Gov't Code § 13451
- Type
- Statute
- Source
- California Government Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
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.
Citator
Cal. Gov't Code § 13451 — General is in force in the current edition of the Code, and nothing recorded condemns it.
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.