GroundRules
GOV § 16611
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 4.5. Savings and Loan Association Deposits [16600. - 16634.]
- ARTICLE 2. Security for Deposits [16610. - 16622.]
To be eligible to receive and retain deposits, a savings and loan association and credit union shall deposit with the Treasurer as security for deposits, securities specified in Section 16612, and approved by the Treasurer, in an amount in value at least 10 percent in excess of the amount deposited with the savings and loan association or credit union.
Collected 2026-09-14T05:56:33Z. Source file · JSON