Skip to content
CodesChatProject

Earlier editions: 2020-112018-11

TITLE 2. GOVERNMENT OF THE STATE OF CALIFORNIA 8000-22980›DIVISION 3. EXECUTIVE DEPARTMENT 11000-15990.3›PART 2. CONSTITUTIONAL OFFICERS 12001-12790›CHAPTER 5. Controller 12402-12482›ARTICLE 2. Duties 12410-12431

§ 12420.1

California Government Code · 2026-10 edition · updated 2026-10-04 · California

The Controller shall establish special accounts for any state officer or employee requesting salary or wage deductions in order that sufficient funds may be accumulated to the state officer or employee’s credit for the purchase of United States savings bonds or similar United States obligations. Funds so accumulated are trust funds and may be withdrawn from the Treasury upon claims filed by the Controller for the purchase of those obligations, or for refunds.

(Amended by Stats. 2021, Ch. 50, Sec. 75. (AB 378) Effective January 1, 2022.)

Get a plain-English answer with a citation back to this text.

Ask AI about this code
Export this section
▸Contents — California Government Code
California Government Code

GoCodebook provides public access, search, citation, multilingual explanation, and practical interpretation of legally adopted building regulations. It is not a substitute for the official ICC or California code publications.