Cal. Gov. Code § 12332

Current through the 2023 Legislative Session.
Section 12332 - Approval of bonds, notes, other evidences of indebtedness

The Treasurer is designated as an elected representative of the state to approve the issuance of bonds, notes, or other evidences of indebtedness, issued by or on behalf of the state, to the extent this approval is required by federal tax law. In the event the Treasurer is unavailable and the Treasurer's office notifies the issuer of this fact, at the request of the Governor or the Governor's designee, the Attorney General is designated as an elected representative of the state who may approve the issuance upon request by the issuer, to the extent this approval is required by federal tax law.

Ca. Gov. Code § 12332

Amended by Stats 2021 ch 50 (AB 378),s 63, eff. 1/1/2022.
Amended by Stats 2000 ch 723 (AB 2300), s 7, eff. 1/1/2001.