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 4. Contracts 16560-16565
§ 16560
California Government Code · 2018-11 edition · updated 2026-10-04 · California
The Treasurer shall enter into such contracts with such depositaries as in his judgment will be to the public advantage so to do. The contracts shall fix the duration of deposits and the rates of interest to be received, if any, the interest payment dates, and provide conditions for their withdrawal, repayment, and security.
(Amended by Stats. 1977, Ch. 622.)
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