California Code of Regulations (Last Updated: August 6, 2014) |
Title 2. Administration |
Division 2. Financial Operations |
Chapter 4. Office of the State Treasurer |
Subchapter 2. Security for State Deposits |
Article 2. Eligibility and Custody of Notes |
§ 1898.9. Return of Promissory Notes, Mortgages and Deeds of Trust.
Latest version.
- Whenever a promissory note is released or substituted, such note, if individually endorsed to the Treasurer, and the mortgage or deed of trust securing such note, if individually assigned to the Treasurer, shall be endorsed without recourse or reassigned, as the case may be, prior to its return to the depository.