Section 16488 Of Article 5. Interfund Purchases, Sales And Transfers Of Bond Investments From California Government Code >> Division 4. >> Title 2. >> Part 2. >> Chapter 3. >> Article 5.

. The procedures authorized to be adopted by this article are permissive only, and no provision hereof shall require any state agency to approve or perform any act which, under such procedure, is an essential step in the purchase, sale or transfer of bonds thereunder.