Section 13078 Of Article 1. General From California Government Code >> Division 3. >> Title 2. >> Part 3. >> Chapter 2. >> Article 1.

. The director may exempt from his approval or from approval of the department any transactions involving not more than twenty-five thousand dollars ($25,000) for which such approval is required by statute whenever, in his judgment, such exemption is appropriate and in the best interests of the state. Written notice of exemptions shall be given to the Controller.