California Statutes

§ 66499.6. — 66499.6. (Amended by Stats. 1982, Ch. 497, Sec. 120.)

California·Code GOV Government Code - GOV·Div. 2.·Title 7. DIVISION 2. SUBDIVISIONS·Ch. 5. CHAPTER 5. Improvement Security
Such money, negotiable bond or instrument of credit shall be a trust fund to guarantee performance and shall not be subject to enforcement of a money judgment by any creditors of the depositor until the obligation secured thereby is performed to the satisfaction of the local agency.

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California § 66499.6. (66499.6. (Amended by Stats. 1982, Ch. 497, Sec. 120.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Amended by Stats. 1982, Ch. 497, Sec. 120. Operative July 1, 1983, by Sec. 185 of Ch. 497.

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