Government Code § 54409
ARTICLE 4. Provisions Relating to Bonds
In the absence of an express recital on its face that the bond or interim receipt is nonnegotiable, the bond or interim receipt is a negotiable instrument.
ARTICLE 4. Provisions Relating to Bonds
In the absence of an express recital on its face that the bond or interim receipt is nonnegotiable, the bond or interim receipt is a negotiable instrument.