Invoices shall be submitted with claims for cost of securities purchased as investment of state funds. However, if circumstances exist which prevent the timely submission of invoices, the Controller may issue and deliver warrants for cost of securities. In such event an explanation must accompany the claim and the invoices must be submitted to the Controller within seven (7) calendar days after presentment of the claim.

Note: Authority cited: Sections 13920 and 13921, Government Code.

History

1. New section filed 6-18-59; effective thirtieth day thereafter (Register 59, No. 10).