ARTICLE 4. Alternative Provisions for the Deposit of Funds [44850. - 44853.]

Article 4 added by Stats. 1967, Ch. 695.

§§ 44850–44853 · 4 sections

• § 44850 This article provides an alternative procedure for the deposit of all, or any part of, proceeds of bond sales, proceeds of assessments and proceeds of sale of…
• § 44851 The board may at any time, by resolution, elect to proceed under this article with respect to the deposit of funds of the district, and the board may at any…
• § 44852 Any money belonging to a district may be deposited by the treasurer pursuant to the general laws governing the deposit of public money.
• § 44853 Where the deposit of money is insured by the Federal Deposit Insurance Corporation no additional security need be required from the bank for the portion of the…