California Government Code 16509 – The Treasurer is responsible for the safekeeping, management and …
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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.
(Added by Stats. 1945, Ch. 120.)
Terms Used In California Government Code 16509
- State: means the State of California, unless applied to the different parts of the United States. See California Government Code 18