Statute · California Government Code

Cal. Gov't Code § 54409 — Provisions Relating to Bonds

Cal. Gov't Code § 54409

Type
Statute
Source
California Government Code
Jurisdiction
California
Current through
Nov 2, 2026 (California Legislative Counsel)

In the absence of an express recital on its face that the bond or interim receipt is nonnegotiable, the bond or interim receipt is a negotiable instrument.

Citator

Cal. Gov't Code § 54409 — Provisions Relating to Bonds is in force in the current edition of the Code, and nothing recorded condemns it.

In the absence of an express recital on its face that the bond or interim receipt is nonnegotiable, the bond or interim receipt is a negotiable instrument.