Section 16651 Of Chapter 1. General From California Government Code >> Division 4. >> Title 2. >> Part 3. >> Chapter 1.
16651
. Whenever the statute of limitations has run against any
outstanding bond or coupon issued by the State, the Treasurer may, at
such time as he may determine, withdraw from the fiscal agents any
money transferred to the fiscal agents to meet the payment of the
bond or coupon and deposit it in the Treasury to the credit of the
General Fund.