Government Code section 54409

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.

Source: Section 54409, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=GOV§ionNum=54409. (updated Jan. 1, 1949; accessed Jun. 23, 2025).

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Jun. 23, 2025

§ 54409's source at ca.gov

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Location: https://california.public.law/codes/government_code_section_54409

Original Source: Section 54409, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=GOV§ionNum=54409. (last accessed May 12, 2025).