Government Code section 16634

At the time of depositing state money in any savings and loan association or credit union, designated as a depository, the Treasurer shall take and preserve a receipt, certificate of deposit, or any other evidence of the deposit as the Treasurer may require, stating the amount deposited and referring to the contract made between the depository savings and loan association or credit union and the Treasurer.

Source: Section 16634, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=GOV§ionNum=16634.­ (updated Jan. 1, 1987; accessed Jun. 30, 2025).

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Verified:
Jun. 30, 2025

§ 16634's source at ca​.gov