Government Code section 16608

The Treasurer is responsible for the safekeeping, management and disbursement of the certificates of deposit received and the securities deposited with him, the interest received on deposits, and the proceeds of any sale under this chapter. The state is responsible for the custody and safe return of any securities so deposited.

Source: Section 16608, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=GOV§ionNum=16608. (updated Jan. 1, 1976; accessed Jun. 23, 2025).

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Up to date

Verified:
Jun. 23, 2025

§ 16608's source at ca.gov

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Location: https://california.public.law/codes/government_code_section_16608

Original Source: Section 16608, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=GOV§ionNum=16608. (last accessed May 12, 2025).