California Legal Codes and Statutes

§ 16504

Amended by Stats. 1961, Ch. 69.

Subject to the applicable contract, the Treasurer may call in money from time deposits and place it in demand deposits, when necessary to meet current requirements; and time money in his possession for which there is no demand may be placed as demand deposits.

Cite this section

Cal. Gov. Code § 16504 (2026)
https://ca.codecond.com/codes/gov/title-2-government-of-the-state-of-california/division-4-fiscal-affairs/part-2-state-funds/chapter-4-bank-deposits/article-1-general/section-16504

Other sections in Article 1 - General

§ 16500§ 16500.5§ 16501§ 16502§ 16503§ 16504§ 16505§ 16506§ 16507§ 16508§ 16509§ 16510

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