GroundRules
GOV § 16528
Where this section sits in the code
- Government Code - GOV
- TITLE 2. GOVERNMENT OF THE STATE OF CALIFORNIA [8000. - 22980.]
- DIVISION 4. FISCAL AFFAIRS [16100. - 17700.]
- PART 2. STATE FUNDS [16300. - 16649.95.]
- CHAPTER 4. Bank Deposits [16500. - 16565.]
- ARTICLE 2. Security for Deposits [16520. - 16533.]
The bond of an admitted surety insurer shall not be accepted as security for demand or time deposits unless it has been certified by the Insurance Commissioner as meeting the requirements of this chapter and unless it also holds a certificate of authority from the United States Treasury Department under which it is eligible as surety on federal bonds.
Collected 2026-09-14T05:56:33Z. Source file · JSON