DIVISION 9. EXPENDITURE LIMITATIONS 7900-7914›PART 14. Tribal Housing Grant Program Fund Advisory Committee 15990-15990.3›CHAPTER 4.3. The Accounts Receivable Management Act 16580-16586›ARTICLE 2. Security for Deposits 16610-16622
§ 16617
California Government Code · 2026-09 edition · updated 2026-09-27 · California
The bond of an admitted surety insurer shall not be accepted as security for deposits unless it has been certified by the Insurance Commissioner as meeting the requirements of this chapter and unless it also holds a certificate of authority from the United States Treasury Department under which it is eligible as surety on federal bonds.
(Added by Stats. 1976, Ch. 349.)
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