Government Code section 15821


Certificates issued pursuant to this part are negotiable instruments and are transferable between state agencies having jurisdiction over special or trust funds or between such state agencies and other persons at a price mutually agreed upon by such state agencies or by such state agencies and other persons.

Source: Section 15821, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=GOV§ionNum=15821.­ (updated Jan. 1, 1976; accessed Jun. 30, 2025).

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Verified:
Jun. 30, 2025

§ 15821's source at ca​.gov