California Government Code PART 5 - STATE OF CALIFORNIA NOTES

  • Section 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...
  • Section 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...
  • Section 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...
  • Section 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...
  • Section 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...
  • Section 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 savings and loan...
  • Section 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...
  • Section 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...
  • Section 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...
  • Section 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 any amounts...
  • Section 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 in...
  • Section 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...

Last modified: October 22, 2018