California Statutes

§ 17402. — 17402. (Added by Stats. 1977, Ch. 622.)

California § 17402.
JurisdictionCalifornia
Code GOVGovernment Code - GOV
Div.4.
Title 2.DIVISION 4. FISCAL AFFAIRS
Part 6.PART 6. WARRANTS AND CENTRALIZED TREASURY CHECKS
Ch. 1.CHAPTER 1. General

This text of California § 17402. (17402. (Added by Stats. 1977, Ch. 622.)) 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 § 17402. (2026).

Text

The presenting bank and the endorsers of a state warrant or check presented to the Treasurer for redemption are deemed to guarantee that all prior endorsements are genuine, whether or not an express guaranty is placed on the item. When the first endorsement has been made by one other than the payee personally, the presenting bank and the endorsers are deemed to guarantee to the Treasurer, in addition to other warranties, that the person who so endorsed had unqualified capacity and authority to endorse the item on behalf of the payee.

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Legislative History

Added by Stats. 1977, Ch. 622.
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California § 17402., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/GOV/17402..