DIVISION 9. EXPENDITURE LIMITATIONS 7900-7914›PART 14. Tribal Housing Grant Program Fund Advisory Committee 15990-15990.3›CHAPTER 1.5 Budget Acts 16343-16344 — Section 16344›ARTICLE 1. General 16500-16510
§ 16507
California Government Code · 2026-09 edition · updated 2026-09-27 · California
A State officer is not liable on his official bond for losses caused by the failure of a bank in which is made a deposit of money belonging to an inmate of a State institution, if the officer was required or permitted by law to act as a trustee or fiduciary with respect to the money and if he made the deposit in good faith and in accordance with law.
(Added by Stats. 1945, Ch. 120.)
Get a plain-English answer with a citation back to this text.
Ask AI about this code