{"data":{"id":"us-ca/gov-54409","jurisdiction":"us-ca","citation":"GOV § 54409","heading":"","body":"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.","path":["Government Code - GOV","TITLE 5. LOCAL AGENCIES [50001. - 57607.]","DIVISION 2. CITIES, COUNTIES, AND OTHER AGENCIES [53000. - 55821.]","PART 1. POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIES [53000. - 54999.7.]","CHAPTER 6. Revenue Bond Law of 1941 [54300. - 54700.]","ARTICLE 4. Provisions Relating to Bonds [54400. - 54435.]"],"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":"2baee6407005917ab2933243c7d63dc9f52282ae31ac0c545b2765b7f06670ec","source_id":"us-ca","stale":false,"prev":"us-ca/gov-54408","next":"us-ca/gov-54410"},"notice":"GroundRules: Original legal text. Not legal advice."}