Government Code § 16504

ARTICLE 1. General

Current as of September 28, 2026Gov. Code, § 16504Official source ↗

Amended by Stats. 1961, Ch. 69.

Subject to the applicable contract, the Treasurer may call in money from time deposits and place it in demand deposits, when necessary to meet current requirements; and time money in his possession for which there is no demand may be placed as demand deposits.