California Government Code 27010 – The treasurer may receive any money constituting gift, bequest, or …
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The treasurer may receive any money constituting gift, bequest, or devise, and pay it out in accordance with the terms thereof, or, if none are fixed, according to law.
(Added by Stats. 1947, Ch. 424.)
Terms Used In California Government Code 27010
- Bequest: Property gifted by will.
- Devise: To gift property by will.
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.