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 3. Custody of Securities 16625-16629
§ 16628
California Government Code · 2026-09 edition · updated 2026-09-27 · California
Any qualified trust company or any federal reserve bank or any branch thereof or the Federal Home Loan Bank of San Francisco to which securities are delivered, either as agent or depositary for the Treasury, shall make such disposition of the securities as the Treasurer directs and is responsible only for strict compliance with written instructions given to it by the Treasurer. All such securities are at all times subject to the order of the Treasurer.
(Amended by Stats. 2015, Ch. 25, Sec. 29. (SB 84) Effective June 24, 2015.)
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