§ 812 Federal Agency Bond Exemptions

• •This law talks about special money papers (like IOUs) from big groups like the U.S. Postal Service or big banks that help countries.
• •These money papers are safe to use in California because the law says they are okay.
• •If you have one of these money papers, California will treat it like it’s real and important.

If you buy a special money paper from the U.S. Postal Service, like a bond, to save money for college.

California says this paper is real and safe, so you don’t have to worry about it being fake or useless.