California Government Code

§ 16670

GOV § 16670Div. 4 · Title 2 · Part 3 · Ch. 2

Statute text

Upon the recommendation of the Treasurer, the Governor may designate well-known and responsible banking firms or associations, or incorporated banking institutions having a paid-up capital and surplus of not less than one million dollars ($1,000,000) as the state fiscal agents for the payment of bonds and coupons issued by the State.

Legislative history

Amended by Stats. 1957, Ch. 2070.