{"code":"GOV","codeName":"Government Code","section":"16552","citation":"Gov. Code, § 16552","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 3. Custody of Securities [16550. - 16554.]","url":"https://blackletter.si/government-code/title-2/division-4/part-2/chapter-4/article-3"}],"history":"Amended by Stats. 2015, Ch. 25, Sec. 24.   (SB 84)   Effective June 24, 2015.","effective":"2015-06-24","html":"<p>The Treasurer shall take from the qualified trust company or from any federal reserve bank or any branch thereof a receipt for any securities received by it under this article. Neither the Treasurer nor the state is responsible for the custody and safe return of such securities until they are withdrawn from the qualified trust company or from any federal reserve bank or any branch thereof by the Treasurer.</p>","text":"The Treasurer shall take from the qualified trust company or from any federal reserve bank or any branch thereof a receipt for any securities received by it under this article. Neither the Treasurer nor the state is responsible for the custody and safe return of such securities until they are withdrawn from the qualified trust company or from any federal reserve bank or any branch thereof by the Treasurer.","otherVersions":[],"url":"https://blackletter.si/government-code/custody-of-securities-16552","source":"California Legislative Information bulk export (pubinfo)"}