Home/California/Statutes/Code GOV: Government Code - GOV/Div.: 3./Title 2.: DIVISION 3. EXECUTIVE DEPARTMENT/Part 10b.: PART 10b. STATE BUILDING CONSTRUCTION/Ch. 4.: CHAPTER 4. Certificates/§ 15823.
California Statutes

§ 15823. — 15823. (Added by Stats. 1955, Ch. 1686.)

California § 15823.
JurisdictionCalifornia
Code GOVGovernment Code - GOV
Div.3.
Title 2.DIVISION 3. EXECUTIVE DEPARTMENT
Part 10b.PART 10b. STATE BUILDING CONSTRUCTION
Ch. 4.CHAPTER 4. Certificates

This text of California § 15823. (15823. (Added by Stats. 1955, Ch. 1686.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Cal. Government Code - GOV Code § 15823. (2026).

Text

The certificates shall be sold by the board at their face value to state agencies having jurisdiction over special or trust funds, without advertisement or competitive bidding. Such certificates are a legal investment for any state special or trust fund notwithstanding any provision of law limiting the investment which may be made by such special or trust fund. Payment of the purchase price may be made in accordance with mutual agreement between the state agency and the board, which agreement may provide for such payment in installments as work upon the public building or buildings progresses and funds necessary therefor are required.

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Legislative History

Added by Stats. 1955, Ch. 1686.
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California § 15823., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/GOV/15823..