California § 16606. 16606. (Amended by Stats. 1987, Ch. 1035, Sec. 7.)

California Statutes

§ 16606. — 16606. (Amended by Stats. 1987, Ch. 1035, Sec. 7.)

California § 16606.

JurisdictionCalifornia

Code GOVGovernment Code - GOV

Div.4.

Title 2.DIVISION 4. FISCAL AFFAIRS

Part 2.PART 2. STATE FUNDS

Ch. 4.5.CHAPTER 4.5. Savings and Loan Association Deposits

Art. 1.ARTICLE 1. General

This text of California § 16606. (16606. (Amended by Stats. 1987, Ch. 1035, Sec. 7.)) 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 § 16606. (2026).

Text

A state officer is not liable on his or her official bond for losses caused by the failure of a savings and loan association or credit union in which a deposit is made of money belonging to an inmate of a state institution, if the officer was required or permitted by law to act as a trustee or fiduciary with respect to the money and if he or she made the deposit in good faith and in accordance with law.

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A state officer is not liable on his or her official bond for losses caused by the failure of a savings and loan association or credit union in which a deposit is made of money belonging to an inmate of a state institution, if the officer was required or permitted by law to act as a trustee or fiduciary with respect to the money and if he or she made the deposit in good faith and in accordance with law.

Legislative History

Amended by Stats. 1987, Ch. 1035, Sec. 7.

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California § 16606., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/GOV/16606..