Statute · California Government Code

Cal. Gov't Code § 17243 — Reimbursement and Refunding Warrants

Cal. Gov't Code § 17243

Type
Statute
Source
California Government Code
Jurisdiction
California
Date
2009-07-28
Current through
Nov 2, 2026 (California Legislative Counsel)

The Controller may fix a maturity date for reimbursement warrants, and indorse upon each warrant, the date upon which the principal amount of the warrant will be paid and redeemed. The Controller, with the concurrence of the Department of Finance and the Office of the State Treasurer, may fix…

Citator

Cal. Gov't Code § 17243 — Reimbursement and Refunding Warrants is in force in the current edition of the Code, and nothing recorded condemns it.

The Controller may fix a maturity date for reimbursement warrants, and indorse upon each warrant, the date upon which the principal amount of the warrant will be paid and redeemed. The Controller, with the concurrence of the Department of Finance and the Office of the State Treasurer, may fix periodic payment dates for interest on reimbursement warrants or provide that interest on reimbursement warrants be paid only upon redemption, provided that interest on registered reimbursement warrants for which the committee has not fixed a maximum rate of interest pursuant to Section 17244 shall be paid only upon redemption of the registered reimbursement warrant.