Government Code section 16614

In lieu of deposits of securities, any otherwise eligible savings and loan association or credit union may deposit with the Treasurer bonds of admitted surety insurers as security for demand and time deposits.

Source: Section 16614, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=GOV§ionNum=16614. (updated Jan. 1, 1987; accessed Sep. 15, 2025).

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Up to date

Verified:
Sep. 15, 2025

§ 16614's source at ca.gov

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Location: https://california.public.law/codes/government_code_section_16614

Original Source: Section 16614, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=GOV§ionNum=16614. (last accessed May 12, 2025).