PART 5. STATE OF CALIFORNIA NOTES
Part 5 added by Stats. 1983, 1st Ex. Sess., Ch. 10, Sec. 5.
§§ 17300–17313 · 12 sections
- § 17300 Whenever the Controller determines that moneys in the General Fund are, or are expected to be, insufficient for the payment of all appropriations by the…
- § 17301 Notes authorized to be issued may be sold by the Treasurer from time to time on a negotiated or a competitive bid basis as the Treasurer shall deem advisable.…
- § 17302 Notes shall be issued pursuant to this part only to raise funds in an amount sufficient to satisfy the Controller’s registered demand or demands. Proceeds of…
- § 17303 Upon receipt of the purchase price of the notes, the Treasurer shall notify the Controller that funds for the payment of all or part of the registered demand…
- § 17304 Any revenues in the General Fund are available for the payment of all notes and the interest thereon until the notes and the interest thereon shall be fully…
- § 17306 All notes issued pursuant to this part by the state are legal investments for any of the following: (a) Trust funds. (b) Funds of insurers. (c) Funds of…
- § 17307 Notes issued under this part are acceptable and may be used as security for the faithful performance of any public or private trust or obligation or for the…
- § 17308 Any state or local agency that is authorized to invest funds in its treasury in securities which are legal investments for savings banks may invest the funds…
- § 17309 Whenever the Treasurer deems that it will increase the salability of the notes to obtain, prior to or after sale, a legal opinion as to the validity of the…
- § 17310 (a) Notwithstanding Section 13340, there is hereby appropriated from the General Fund any unapplied money, as defined in subdivision (a) of Section 17220, in…
- § 17311 (a) There is hereby appropriated from the General Fund without regard to fiscal years two hundred fifty thousand dollars ($250,000), which shall be set aside…
- § 17313 It is the intent of the Legislature that this part shall, in all respects, fall within the procedures validated by, and meet the requirements for…