California CodesCode of Civil Procedure - CCPPart 2 — Of Civil ActionsTitle 2 — Of the Time of Commencing Civil ActionsChapter 3 — The Time of Commencing Actions Other Than for the Recovery of Real PropertySection 348.5
An action upon any bonds or coupons issued by the State of California shall have no limitation.
Notes
Exempts actions on bonds or coupons issued by the State of California from any limitation period. The provision states that such actions have no limitation, so no elapsed-time bar is imposed here on an action founded on those state-issued bonds or coupons.
Use as reference
Lexinter.net | California Code, Code of Civil Procedure - CCP § 348.5 | https://laws.lexinter.net/codes/california/code-of-civil-procedure/part-2/title-2/chapter-3/section-348-5