California Statutes

§ 16553. — 16553. (Amended by Stats. 2015, Ch. 25, Sec. 25.)

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
Any qualified trust company or any federal reserve bank or any branch thereof 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.

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California § 16553. (16553. (Amended by Stats. 2015, Ch. 25, Sec. 25.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

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