§ 6465
47 words·~1 min read·
/ca/streets-and-highways-code/6465A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Said bonds may be made payable to the contractor or to his last assignee as shown by the assignment filed with and approved by the superintendent of streets. Said bonds may also be made payable to bearer in which case the words “or order” may be deleted.