{"data":{"id":"us-ca/gov-13470","jurisdiction":"us-ca","citation":"GOV § 13470","heading":"","body":"Whenever there is in the treasury to the credit of the Unclaimed Property Fund the sum of twenty thousand dollars ($20,000) or more, the Director of Finance shall invest all but ten thousand dollars ($10,000) in the bonds specified in this article. No investment shall be made which will reduce the uninvested portion of the fund below the amount of ten thousand dollars ($10,000), and whenever a demand presented against the fund will reduce the amount of cash therein below ten thousand dollars ($10,000), the director shall sell such bonds belonging to the fund as he deems proper, so as to restore the cash retention of ten thousand dollars ($10,000).","path":["Government Code - GOV","TITLE 2. GOVERNMENT OF THE STATE OF CALIFORNIA [8000. - 22980.]","DIVISION 3. EXECUTIVE DEPARTMENT [11000. - 15990.3.]","PART 3. DEPARTMENT OF FINANCE [13000. - 13881.]","CHAPTER 6. Purchase and Sale of Bonds [13451. - 13474.]","ARTICLE 2. State School Funds [13470. - 13474.]"],"source_url":"https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zip","current_through":"2026-09-13","vintage":"","retrieved_at":"2026-09-14T05:56:33Z","sha256":"8446e1fe2b87026b77b148b012cc67895d22df852e29d356fe97762d832a450e","source_id":"us-ca","stale":false,"prev":"us-ca/gov-13451","next":"us-ca/gov-13472"},"notice":"GroundRules: Original legal text. Not legal advice."}
