Financial Code section 1576

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.

Source: Section 1576, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=1576. (accessed Apr. 24, 2025).

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Last Updated

Apr. 24, 2025

§ 1576’s source at ca.gov

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Location: https://california.public.law/codes/financial_code_section_1576

Original Source: Section 1576, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=1576. (last accessed Apr. 24, 2025).