CHAPTER 9.5. California Savings Bond Program [5750. - 5755.]

Chapter 9.5 added by Stats. 1992, Ch. 954, Sec. 1.

§§ 5750–5755 · 6 sections

• § 5750 The Legislature finds and declares all of the following: (a) There is a growing need for the state to finance capital projects to renew and expand the state’s…
• § 5751 As used in this chapter, the following terms have the following meanings: (a) “Bonds” means general obligation bonds, revenue bonds, or any derivative evidence…
• § 5752 The Treasurer may sell California savings bonds in accordance with the requirements of this chapter. Notwithstanding any provision of law, when the Treasurer…
• § 5753 In arranging the sale of bonds, the Treasurer may impose the following requirements on any financial institution that sells the bonds to the public: (a)…
• § 5754 (a) A person who redeems California savings bonds and who has owned the bonds for at least five years, or a person designated by the owner, may exclude the…
• § 5755 The general authority of the Treasurer to sell bonds, as provided in this chapter, is intended to be in addition to, and not limited by, specific provisions…