Government Code § 16614

ARTICLE 2. Security for Deposits

Current as of September 28, 2026Gov. Code, § 16614Official source ↗

Amended by Stats. 1987, Ch. 1035, Sec. 11.

In lieu of deposits of securities, any otherwise eligible savings and loan association or credit union may deposit with the Treasurer bonds of admitted surety insurers as security for demand and time deposits.