California Statutes

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

California·Code GOV Government 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
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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California § 16606. (16606. (Amended by Stats. 1987, Ch. 1035, Sec. 7.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

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