Home/California/Statutes/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. 4.: ARTICLE 4. Contracts/§ 16561.
California Statutes

§ 16561. — 16561. (Amended by Stats. 1977, Ch. 622.)

California § 16561.
JurisdictionCalifornia
Code GOVGovernment Code - GOV
Div.4.
Title 2.DIVISION 4. FISCAL AFFAIRS
Part 2.PART 2. STATE FUNDS
Ch. 4.CHAPTER 4. Bank Deposits
Art. 4.ARTICLE 4. Contracts

This text of California § 16561. (16561. (Amended by Stats. 1977, Ch. 622.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Cal. Government Code - GOV Code § 16561. (2026).

Text

In order to obtain as high rates of interest as possible, the contracts may contain any conditions necessary to conform with Section 19 of the Federal Reserve Act, as amended, and with regulations established pursuant thereto by the Board of Governors of the Federal Reserve System, and demand deposits shall be subject to withdrawal at any time upon demand of the Treasurer.

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Legislative History

Amended by Stats. 1977, Ch. 622.
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California § 16561., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/GOV/16561..