California Statutes
§ 16611. — 16611. (Amended by Stats. 1987, Ch. 1035, Sec. 9.)
California § 16611.
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. 2.ARTICLE 2. Security for Deposits
This text of California § 16611. (16611. (Amended by Stats. 1987, Ch. 1035, Sec. 9.)) 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 § 16611. (2026).
Text
To be eligible to receive and retain deposits, a savings and loan association and credit union shall deposit with the Treasurer as security for deposits, securities specified in Section 16612, and approved by the Treasurer, in an amount in value at least 10 percent in excess of the amount deposited with the savings and loan association or credit union.
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Legislative History
Amended by Stats. 1987, Ch. 1035, Sec. 9.
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Bluebook (online)
California § 16611., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/GOV/16611..