California Government Code ARTICLE 5 - Interfund Purchases, Sales and Transfers of Bond Investments

• Section 16485.
  It is the purpose of this article to authorize the establishment of procedures for the transfer of bonds between funds in the State Treasury in...
• Section 16486.
  For the purposes of this article, the following definitions shall apply:(a) “Investing authority,” with respect to any State Treasury fund, means the state agency authorized by...
• Section 16487.
  The State Controller may establish procedures for the purpose of carrying out the purposes set forth in Section 16485. These procedures are exempt from the...
• Section 16488.
  The procedures authorized to be adopted by this article are permissive only, and no provision hereof shall require any state agency to approve or perform...
• Section 16489.
  Any procedure established under this article shall provide that the market value of the bonds shall be regarded, for the purposes thereof, as the equivalent...
• Section 16490.
  Any procedure established under this article shall require that in connection with any purchase, sale or transfer of bonds thereunder, the State Controller, State Treasurer,...

Last modified: October 22, 2018