Government Code section 16606

A state officer is not liable on his or her official bond for losses caused by the failure of a savings and loan association or credit union in which a deposit is made of money belonging to an inmate of a state institution, if the officer was required or permitted by law to act as a trustee or fiduciary with respect to the money and if he or she made the deposit in good faith and in accordance with law.

Source: Section 16606, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=GOV§ionNum=16606.­ (updated Jan. 1, 1987; accessed Jun. 23, 2025).

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Verified:
Jun. 23, 2025

§ 16606's source at ca​.gov