TITLE 2. GOVERNMENT OF THE STATE OF CALIFORNIA 8000-22980›DIVISION 4. FISCAL AFFAIRS 16100-17700›PART 2. STATE FUNDS 16300-16649.95›CHAPTER 4. Bank Deposits 16500-16565›ARTICLE 2. Security for Deposits 16520-16533
§ 16525
California Government Code · 2018-11 edition · updated 2026-10-04 · California
In lieu of deposits of securities, any otherwise eligible bank may deposit with the Treasurer bonds of admitted surety insurers as security for demand and time deposits.
(Amended by Stats. 1977, Ch. 582.)
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