{"code":"GOV","codeName":"Government Code","section":"16606","citation":"Gov. Code, § 16606","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 4.5. Savings and Loan Association Deposits [16600. - 16634.]","url":"https://blackletter.si/government-code/title-2/division-4/part-2/chapter-4.5"},{"name":"ARTICLE 1. General [16600. - 16609.]","url":"https://blackletter.si/government-code/title-2/division-4/part-2/chapter-4.5/article-1"}],"history":"Amended by Stats. 1987, Ch. 1035, Sec. 7.","effective":null,"html":"<p>A state officer is not liable on his or her official bond for losses caused by the failure of a savings and loan association or credit union in which a deposit is made 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 or she made the deposit in good faith and in accordance with law.</p>","text":"A state officer is not liable on his or her official bond for losses caused by the failure of a savings and loan association or credit union in which a deposit is made 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 or she made the deposit in good faith and in accordance with law.","otherVersions":[],"url":"https://blackletter.si/government-code/general-16606","source":"California Legislative Information bulk export (pubinfo)"}