Gov. Code, § 13451 · Article 1. General
Gov. Code, § 13451
Verbatim from the official edition
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
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.
Notes and commentary — not statutory text
History
Added by Stats. 1945, Ch. 112.
Source of truth
- Edition
- As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
- Official file
- https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=GOV§ionNum=13451.
- Text hash
- sha256 d5f2e0d330aae8556ec9d4b6479e6114b94b01bef5e9f398f55050a742a3a992
- Composed by
- compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.