Government Code section 53802

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

Source: Section 53802, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=GOV§ionNum=53802.­ (updated Jan. 1, 1976; accessed Jun. 30, 2025).

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Verified:
Jun. 30, 2025

§ 53802's source at ca​.gov