Home/California/Statutes/Code GOV: Government 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/§ 53655.
California Statutes

§ 53655. — 53655. (Repealed and added by Stats. 1969, Ch. 1483.)

California § 53655.
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 § 53655. (53655. (Repealed and added by Stats. 1969, Ch. 1483.)) 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 § 53655. (2026).

Text

A placement of securities by a depository with an agent of depository pursuant to this article shall have the effect of perfecting a security interest in those securities in the local agencies having deposits in that depository notwithstanding provisions of the Uniform Commercial Code to the contrary and notwithstanding that the agent of depository may be the trust department of the depository.

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Legislative History

Repealed and added by Stats. 1969, Ch. 1483.
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California § 53655., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/GOV/53655..