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.
Section 54409
Gov. Code § 54409 — under California Gov. Code.
Gov. Code § 54409
Gov. Code § 54409 — under California Gov. Code.
Gov. Code § 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.