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 3. Custody of Securities 16550-16554
§ 16552
California Government Code · 2026-09 edition · updated 2026-09-27 · 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 Neither the Treasurer nor the state is responsible for the custody and safe return of such securities until they are withdrawn from the qualified trust company or from any federal reserve bank or any branch thereof by the Treasurer.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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