Government Code section 66499.6

Such money, negotiable bond or instrument of credit shall be a trust fund to guarantee performance and shall not be subject to enforcement of a money judgment by any creditors of the depositor until the obligation secured thereby is performed to the satisfaction of the local agency.

Source: Section 66499.6, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=GOV§ionNum=66499.6. (updated Jul. 1, 1983; accessed Dec. 29, 2025).

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Up to date

Verified:
Dec. 29, 2025

§ 66499.6's source at ca.gov

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Location: https://california.public.law/codes/government_code_section_66499.6

Original Source: Section 66499.6, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=GOV§ionNum=66499.6. (last accessed May 12, 2025).