Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
§ 16525 — California Law | CourtGPT
  1. Home/
  2. Laws/
  3. California/
  4. Gov Code/
  5. Title 2 - Government of the State of California/
  6. Division 4 - Fiscal Affairs/
  7. Part 2 - State Funds/
  8. Chapter 4 - Bank Deposits/
  9. Article 2 - Security for Deposits/
  10. § 16525
California Legal Code

§ 16525

Ask AI about this
16525. In lieu of deposits of securities, any otherwise eligible bank may deposit with the Treasurer bonds of admitted surety insurers as security for demand and time deposits.(Amended by Stats. 1977, Ch. 582.)