California Statutes

§ 16552. — 16552. (Amended by Stats. 2015, Ch. 25, Sec. 24.)

California·Code GOV Government Code - GOV·Div. 4.·Title 2. DIVISION 4. FISCAL AFFAIRS·Part 2. PART 2. STATE FUNDS·Ch. 4. CHAPTER 4. Bank Deposits·Art. 3. ARTICLE 3. Custody of Securities
The Treasurer shall take from the qualified trust company or from any federal reserve bank or any branch thereof a receipt for any securities received by it under this article. Neither the Treasurer nor the state is responsible for the custody and safe return of such securities until they are withdrawn from the qualified trust company or from any federal reserve bank or any branch thereof by the Treasurer.

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California § 16552. (16552. (Amended by Stats. 2015, Ch. 25, Sec. 24.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Amended by Stats. 2015, Ch. 25, Sec. 24. (SB 84) Effective June 24, 2015.
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