Statute · California Government Code
Cal. Gov't Code § 12305 — General
Cal. Gov't Code § 12305
- Type
- Statute
- Source
- California Government Code
- Jurisdiction
- California
- Date
- 2022-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
The Treasurer may contract for and secure insurance against the loss of securities and money in the Treasurer’s custody from any insurable risk whatsoever.
Citator
Cal. Gov't Code § 12305 — General is in force in the current edition of the Code, and nothing recorded condemns it.
The Treasurer may contract for and secure insurance against the loss of securities and money in the Treasurer’s custody from any insurable risk whatsoever.
The amount of insurance obtained shall not exceed the daily average amount of cash and securities respectively, in the custody of the Treasurer in the preceding year.