{"data":{"id":"us-ca/fin-1571","jurisdiction":"us-ca","citation":"FIN § 1571","heading":"","body":"Whenever any trust company receives trust funds or property, other than real property, from court trusts accepted by it to the amount of one million dollars ($1,000,000), it shall forthwith give the commissioner written notice thereof, and within 30 days thereafter shall make an additional deposit with the State Treasurer of money or securities having a market value of fifty thousand dollars ($50,000). For each additional five hundred thousand dollars ($500,000) of such trust funds thereafter received by any trust company from court trusts a similar notification in writing shall forthwith be given to the commissioner and a further deposit of money or securities having a market value of twenty-five thousand dollars ($25,000) shall be made within 30 days thereafter by such trust company with the State Treasurer until money or securities having a market value of five hundred thousand dollars ($500,000) have been so deposited.","path":["Financial Code - FIN","DIVISION 1.1. BANKING [1000. - 1910.]","CHAPTER 16. Trust Companies [1550. - 1613.]","ARTICLE 3. Deposits with State Treasurer [1570. - 1578.]"],"source_url":"https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zip","current_through":"2026-09-13","vintage":"","retrieved_at":"2026-09-14T05:56:33Z","sha256":"6fab3ca09d65dc4067b432e60de1164a012896cb11fb551c9af5cc8fce6e8a67","source_id":"us-ca","stale":false,"prev":"us-ca/fin-1570","next":"us-ca/fin-1572"},"notice":"GroundRules: Original legal text. Not legal advice."}