53632.5. There are three classes of security for deposits:
(a) Securities described in subdivision (m) of Section 53651.
(b) Securities described in subdivision (p) of Section 53651.
(c) Securities enumerated in Section 53651, except for those described in subdivisions (m) and (p) of that section.
(Amended by Stats. 1986, Ch. 1132, Sec. 2.)