BlackletterCalifornia law

Financial Code § 1576

ARTICLE 3. Deposits with State Treasurer

Current as of September 28, 2026Fin. Code, § 1576Official source ↗

Added by Stats. 2011, Ch. 243, Sec. 3. (SB 664) Effective January 1, 2012.

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.