Statute · California Revenue and Taxation Code

Cal. Rev. & Tax. Code § 3455 — Medium of Payment

Cal. Rev. & Tax. Code § 3455

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

If any negotiable paper is not paid on due presentation for any reason, any record of payment made on any official record because of its acceptance shall be canceled, and the bid upon which the negotiable paper was accepted shall be voided as if no bid had been made, and the original owner’s…

Citator

Cal. Rev. & Tax. Code § 3455 — Medium of Payment is in force in the current edition of the Code, and nothing recorded condemns it.

If any negotiable paper is not paid on due presentation for any reason, any record of payment made on any official record because of its acceptance shall be canceled, and the bid upon which the negotiable paper was accepted shall be voided as if no bid had been made, and the original owner’s right of redemption is revived.