Cal. Gov. Code § 16653

Current through the 2023 Legislative Session.
Section 16653 - Expense incurred in payment of bonds or bond coupons part of cost of redemption

The expense incurred by the State Treasurer and his agents in the payment of bonds and bond coupons upon maturity or when called for prior redemption is a part of the cost of redemption of such bonds and bond coupons and shall be charged against the fund which is chargeable with the costs of administration of the proceeds of such bonds, if other than the General Fund.

Ca. Gov. Code § 16653

Added by Stats. 1959, Ch. 995.