Cal. Gov. Code § 16603

Current through the 2023 Legislative Session.
Section 16603 - Authority to call in money from deposits

Subject to the applicable contract, the Treasurer may call in money from deposits in savings and loan associations and credit unions and place it in demand deposits in banks when necessary to meet current requirements.

Ca. Gov. Code § 16603

Amended by Stats. 1987, Ch. 1035, Sec. 4.