California Law (Last Updated: March 4, 2014) |
Government Code - GOV |
Title 2. GOVERNMENT OF THE STATE OF CALIFORNIA |
Division 4. FISCAL AFFAIRS |
Part 2. STATE FUNDS |
Chapter 3. Investments |
ARTICLE 5. Interfund Purchases, Sales and Transfers of Bond Investments |
Section 16488.
Latest version.
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The procedures authorized to be adopted by this article are permissive only, and no provision hereof shall require any state agency to approve or perform any act which, under such procedure, is an essential step in the purchase, sale or transfer of bonds thereunder.
(Added by Stats. 1951, Ch. 208.)