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 3. Custody of Securities 16550-16554

§ 16552

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

The Treasurer shall take from the qualified trust company or from any federal reserve bank or any branch thereof a receipt for any securities received by it under this article. Neither the Treasurer nor the state is responsible for the custody and safe return of such securities until they are withdrawn from the qualified trust company or from any federal reserve bank or any branch thereof by the Treasurer.

(Amended by Stats. 2015, Ch. 25, Sec. 24. (SB 84) Effective June 24, 2015.)

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California Government Code

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