California Statutes

§ 16489. — 16489. (Added by Stats. 1951, Ch. 208.)

California § 16489.
JurisdictionCalifornia
Code GOVGovernment Code - GOV
Div.4.
Title 2.DIVISION 4. FISCAL AFFAIRS
Part 2.PART 2. STATE FUNDS
Ch. 3.CHAPTER 3. Investments
Art. 5.ARTICLE 5. Interfund Purchases, Sales and Transfers of Bond Investments

This text of California § 16489. (16489. (Added by Stats. 1951, Ch. 208.)) 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 § 16489. (2026).

Text

Any procedure established under this article shall provide that the market value of the bonds shall be regarded, for the purposes thereof, as the equivalent of cash in that amount, in any purchase, sale or transfer of bonds in lieu of cash thereunder.

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Legislative History

Added by Stats. 1951, Ch. 208.
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California § 16489., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/GOV/16489..