Statute · California Financial Code

Cal. Fin. Code § 1576 — Deposits with State Treasurer

Cal. Fin. Code § 1576

Type
Statute
Source
California Financial Code
Jurisdiction
California
Date
2012-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

When any revaluation of securities is made by the commissioner pursuant to Section 1575, other than at the time such securities are presented for deposit, United States Government securities having a maturity date less than five years from the date of such revaluation shall be valued at not less…

Citator

Cal. Fin. Code § 1576 — Deposits with State Treasurer is in force in the current edition of the Code, and nothing recorded condemns it.

When any revaluation of securities is made by the commissioner pursuant to Section 1575, other than at the time such securities are presented for deposit, United States Government securities having a maturity date less than five years from the date of such revaluation shall be valued at not less than par.