Government Code section 16525

In lieu of deposits of securities, any otherwise eligible bank may deposit with the Treasurer bonds of admitted surety insurers as security for demand and time deposits.

Source: Section 16525, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=GOV§ionNum=16525. (accessed May 10, 2025).

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Last Updated

May 10, 2025

§ 16525’s source at ca.gov

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Location: https://california.public.law/codes/government_code_section_16525

Original Source: Section 16525, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=GOV§ionNum=16525. (last accessed May 10, 2025).