California Statutes

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

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. 4. ARTICLE 4. Contracts
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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California § 16561. (16561. (Amended by Stats. 1977, Ch. 622.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Amended by Stats. 1977, Ch. 622.
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