TITLE 2. GOVERNMENT OF THE STATE OF CALIFORNIA 8000-22980›DIVISION 3. EXECUTIVE DEPARTMENT 11000-15986›PART 2. CONSTITUTIONAL OFFICERS 12001-12790›CHAPTER 4. Treasurer 12302-12353›ARTICLE 1. General 12302-12305

§ 12305

California Government Code · 2020-11 edition · updated 2026-10-04 · California

The Treasurer may contract for and secure insurance against the loss of any securities and money in his custody from any insurable risk whatsoever.

The amount of insurance obtained shall not exceed the daily average amount of cash and securities respectively, in the custody of the Treasurer in the preceding year.

(Added by Stats. 1945, Ch. 111.)

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California Government Code

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