TITLE 2. GOVERNMENT OF THE STATE OF CALIFORNIA 8000-22980›DIVISION 4. FISCAL AFFAIRS 16100-17700›PART 2. STATE FUNDS 16300-16649.95›CHAPTER 4.5. Savings and Loan Association Deposits 16600-16634›ARTICLE 2. Security for Deposits 16610-16622

§ 16614

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

In lieu of deposits of securities, any otherwise eligible savings and loan association or credit union may deposit with the Treasurer bonds of admitted surety insurers as security for demand and time deposits.

(Amended by Stats. 1987, Ch. 1035, Sec. 11.)

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California Government Code

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