{"code":"GOV","codeName":"Government Code","section":"16507","citation":"Gov. Code, § 16507","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"TITLE 2. GOVERNMENT OF THE STATE OF CALIFORNIA [8000. - 22980.]","url":"https://blackletter.si/government-code/title-2"},{"name":"DIVISION 4. FISCAL AFFAIRS [16100. - 17700.]","url":"https://blackletter.si/government-code/title-2/division-4"},{"name":"PART 2. STATE FUNDS [16300. - 16649.95.]","url":"https://blackletter.si/government-code/title-2/division-4/part-2"},{"name":"CHAPTER 4. Bank Deposits [16500. - 16565.]","url":"https://blackletter.si/government-code/title-2/division-4/part-2/chapter-4"},{"name":"ARTICLE 1. General [16500. - 16510.]","url":"https://blackletter.si/government-code/title-2/division-4/part-2/chapter-4/article-1"}],"history":"Added by Stats. 1945, Ch. 120.","effective":null,"html":"<p>A State officer is not liable on his official bond for losses caused by the failure of a bank in which is made a deposit of money belonging to an inmate of a State institution, if the officer was required or permitted by law to act as a trustee or fiduciary with respect to the money and if he made the deposit in good faith and in accordance with law.</p>","text":"A State officer is not liable on his official bond for losses caused by the failure of a bank in which is made a deposit of money belonging to an inmate of a State institution, if the officer was required or permitted by law to act as a trustee or fiduciary with respect to the money and if he made the deposit in good faith and in accordance with law.","otherVersions":[],"url":"https://blackletter.si/government-code/general-16507","source":"California Legislative Information bulk export (pubinfo)"}