Government Code - GOV
TITLE 2. GOVERNMENT OF THE STATE OF CALIFORNIA [8000 - 22980]
( Title 2 enacted by Stats. 1943, Ch. 134. ) DIVISION 4. FISCAL AFFAIRS [16100 - 17700]
( Division 4 added by Stats. 1945, Ch. 119. ) PART 2. STATE FUNDS [16300 - 16649.95]
( Part 2 added by Stats. 1945, Ch. 120. ) CHAPTER 4. Bank Deposits [16500 - 16565]
( Chapter 4 added by Stats. 1945, Ch. 120. ) ARTICLE 3. Custody of Securities [16550 - 16554]
( Article 3 added by Stats. 1945, Ch. 120. ) 16553.
Any qualified trust company or any federal reserve bank or any branch thereof to which securities are delivered, either as agent or depositary for the Treasury, shall make such disposition of the securities as the Treasurer directs and is responsible only for strict compliance with written instructions given to it by the Treasurer. All such securities are at all times subject to the order of the Treasurer.
(Amended by Stats. 2015, Ch. 25, Sec. 25. (SB 84) Effective June 24, 2015.)