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§ 54409 — California Law | CourtGPT
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  5. Title 5 - Local Agencies/
  6. Division 2 - Cities, Counties, and Other Agencies/
  7. Part 1 - Powers and Duties Common to Cities, Counties, and Other Agencies/
  8. Chapter 6 - Revenue Bond Law of 1941/
  9. Article 4 - Provisions Relating to Bonds/
  10. § 54409
California Legal Code

§ 54409

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54409. In the absence of an express recital on its face that the bond or interim receipt is nonnegotiable, the bond or interim receipt is a negotiable instrument.(Added by Stats. 1949, Ch. 81.)