Statute · California Government Code
Cal. Gov't Code § 66499.6 — Improvement Security
Cal. Gov't Code § 66499.6
- Type
- Statute
- Source
- California Government Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
Such money, negotiable bond or instrument of credit shall be a trust fund to guarantee performance and shall not be subject to enforcement of a money judgment by any creditors of the depositor until the obligation secured thereby is performed to the satisfaction of the local agency.
Citator
Cal. Gov't Code § 66499.6 — Improvement Security is in force in the current edition of the Code, and nothing recorded condemns it.
Such money, negotiable bond or instrument of credit shall be a trust fund to guarantee performance and shall not be subject to enforcement of a money judgment by any creditors of the depositor until the obligation secured thereby is performed to the satisfaction of the local agency.