California Statutes
§ 16627. — 16627. (Amended by Stats. 2015, Ch. 25, Sec. 28.)
California § 16627.
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. 3.ARTICLE 3. Custody of Securities
This text of California § 16627. (16627. (Amended by Stats. 2015, Ch. 25, Sec. 28.)) 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 § 16627. (2026).
Text
The Treasurer shall take from the qualified trust company or from any federal reserve bank or any branch thereof or the Federal Home Loan Bank of San Francisco a receipt for any securities received by it under this article. Neither the Treasurer nor the state is responsible for the custody and safe return of such securities until they are withdrawn from the qualified trust company or from any federal reserve bank or any branch thereof or from the Federal Home Loan Bank of San Francisco by the Treasurer.
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Legislative History
Amended by Stats. 2015, Ch. 25, Sec. 28. (SB 84) Effective June 24, 2015.
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Bluebook (online)
California § 16627., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/GOV/16627..