California Code
PART 2 - STATE FUNDS
CHAPTER 4.5 - Savings and Loan Association Deposits

ARTICLE 1 - General

Section 16600. - 16600. (a) As used in this chapter, the following definitions...

Section 16601. - 16601. Notwithstanding Section 16502, all other money in the State...

Section 16602. - 16602. Subject to the limitations of Article 4.5 (commencing with...

Section 16603. - 16603. Subject to the applicable contract, the Treasurer may call...

Section 16604. - 16604. Deposits in any savings and loan association or credit...

Section 16605. - 16605. Notwithstanding Section 16506, all money belonging to or in...

Section 16606. - 16606. A state officer is not liable on his or...

Section 16607. - 16607. The Treasurer is not responsible for any money deposited...

Section 16608. - 16608. The Treasurer is responsible for the safekeeping, management and...

Section 16609. - 16609. Any state officer or employee who deposits any money...

ARTICLE 2 - Security for Deposits

Section 16610. - 16610. Security shall not be required for that portion of...

Section 16611. - 16611. To be eligible to receive and retain deposits, a...

Section 16612. - 16612. The following securities may be received as security for...

Section 16613. - 16613. If it appears to him or her necessary for...

Section 16614. - 16614. In lieu of deposits of securities, any otherwise eligible...

Section 16615. - 16615. An admitted surety insurer is not eligible as surety...

Section 16616. - 16616. On demand of the Treasurer, the Insurance Commissioner shall...

Section 16617. - 16617. The bond of an admitted surety insurer shall not...

Section 16618. - 16618. The form of bonds required under this chapter shall...

Section 16619. - 16619. A surety upon any bond to secure deposits may...

Section 16620. - 16620. That portion of any security for deposit that is...

Section 16621. - 16621. If any savings and loan association or credit union...

Section 16622. - 16622. If at any time the security deposited with the...

ARTICLE 3 - Custody of Securities

Section 16625. - 16625. As used in this article, “qualified trust company” means...

Section 16626. - 16626. With the consent of the savings and loan association...

Section 16627. - 16627. The Treasurer shall take from the qualified trust company...

Section 16628. - 16628. Any qualified trust company or any federal reserve bank...

Section 16629. - 16629. The charges of any qualified trust company or of...

ARTICLE 4 - Contracts

Section 16630. - 16630. The Treasurer shall enter into contracts with savings and...

Section 16631. - 16631. In order to obtain as high rates of interest...

Section 16632. - 16632. The contracts covering deposits shall provide that the interest...

Section 16633. - 16633. The contracts shall be executed by the savings and...

Section 16634. - 16634. At the time of depositing state money in any...