Statute · California Government Code

Cal. Gov't Code § 16504 — General

Cal. Gov't Code § 16504

Type
Statute
Source
California Government Code
Jurisdiction
California
Current through
Nov 2, 2026 (California Legislative Counsel)

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.

Citator

Cal. Gov't Code § 16504 — General is in force in the current edition of the Code, and nothing recorded condemns it.

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.