{"code":"FIN","codeName":"Financial Code","section":"1576","citation":"Fin. Code, § 1576","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 1.1. BANKING [1000. - 1910.]","url":"https://blackletter.si/financial-code/division-1.1"},{"name":"CHAPTER 16. Trust Companies [1550. - 1613.]","url":"https://blackletter.si/financial-code/division-1.1/chapter-16"},{"name":"ARTICLE 3. Deposits with State Treasurer [1570. - 1578.]","url":"https://blackletter.si/financial-code/division-1.1/chapter-16/article-3"}],"history":"Added by Stats. 2011, Ch. 243, Sec. 3.   (SB 664)   Effective January 1, 2012.","effective":"2012-01-01","html":"<p>When any revaluation of securities is made by the commissioner pursuant to Section <a href=\"/fin/1575\">1575</a>, other than at the time such securities are presented for deposit, United States Government securities having a maturity date less than five years from the date of such revaluation shall be valued at not less than par.</p>","text":"When any revaluation of securities is made by the commissioner pursuant to Section 1575, other than at the time such securities are presented for deposit, United States Government securities having a maturity date less than five years from the date of such revaluation shall be valued at not less than par.","otherVersions":[],"url":"https://blackletter.si/financial-code/deposits-with-state-treasurer-1576","source":"California Legislative Information bulk export (pubinfo)"}