California Statutes
§ 53647. — 53647. (Amended by Stats. 1978, Ch. 126.)
California § 53647.
JurisdictionCalifornia
Code GOVGovernment Code - GOV
Div.2.
Title 5.DIVISION 2. CITIES, COUNTIES, AND OTHER AGENCIES
Part 1.PART 1. POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIES
Ch. 4.CHAPTER 4. Financial Affairs
Art. 2.ARTICLE 2. Deposit of Funds
This text of California § 53647. (53647. (Amended by Stats. 1978, Ch. 126.)) 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 § 53647. (2026).
Text
(a)Interest on all money deposited belongs to, and shall be paid quarterly into the general fund of, the local agency represented by the officer making the deposit, unless otherwise directed by law.
(b)Notwithstanding the provisions of subdivision (a), and except as otherwise directed by law, if the governing body of the local agency represented by the officer making the deposit so directs, such interest shall be paid to the fund which contains the principal on which the interest accrued.
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Legislative History
Amended by Stats. 1978, Ch. 126.
Nearby Sections
2
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California § 53647., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/GOV/53647..