2009 California Government Code - Section 16370-16377 :: Article 2. Special Deposit Fund

GOVERNMENT CODE
SECTION 16370-16377

16370.  The Special Deposit Fund in the treasury is continued in
existence. It consists of money which is paid into it in trust
pursuant to law. The fund is appropriated to fulfill the purposes for
which payments into it are made.

16371.  Trust funds which have come into the possession of any
agency of the State may be paid into the Special Deposit Fund in
trust, subject to the right of recovery to fulfill the purposes of
the trust.

16372.  Whenever any law provides for the payment of money into the
treasury which has been collected or received for specific purposes
by any State agency, and no fund has been created in the treasury to
which it is to be credited, the money shall be credited to the
"Special Deposit Fund," and shall be held subject to the right of the
State agency to recover it, on claims properly presented, for
fulfilling the purposes for which the money was collected or
received.

16373.  (a) Money that has remained unclaimed in the hands of any
state agency, or for which the claimant cannot be found, may be
deposited in the Special Deposit Fund in trust and may be withdrawn
in the same manner as other trust money. Unclaimed money of five
dollars ($5) or less in an inmate's trust account after he or she has
been paroled shall be forfeited, and deposited in the Inmate Welfare
Fund of the Department of Corrections in the State Treasury.
   (b) When the Director of the Youth Authority has in his or her
possession trust account money of an offender committed to or housed
in the Department of the Youth Authority, any unclaimed offender
trust account money of five dollars ($5) or less shall be forfeited
on the date of discharge, or one year from the date of escape or
absconding from the Department of the Youth Authority supervision,
and shall be deposited in the Benefit Fund to be expended pursuant to
Section 1752.5 of the Welfare and Institutions Code.

16374.  Whenever any money has been deposited in trust in the
Treasury by any state agency because it has remained unclaimed, or
the claimant cannot be found, the Treasurer shall hold it for the
claimant for a period of two years and if it is not paid within that
period, the amount so deposited shall revert to and become a part of
the General Fund, except that the face amount of each unclaimed
warrant deposited pursuant to Section 16373 shall revert and be
credited by the Controller to the fund against which the warrant was
drawn.

16375.  The Controller shall keep an accurate account of all money
deposited in the Special Deposit Fund for each respective agency
making such a deposit.

16376.  All funds on deposit in trust in the State Treasury for the
use and benefit of the California State Historical Association are
hereby transferred to the General Fund.

16377.  There is permanently established in the Special Deposit Fund
in the State Treasury the Child Support Intercept Account which
shall be continuously available pursuant to Section 16372 for the
payment of child and spousal support obligations. The account shall
consist of all moneys obtained by the state pursuant to child and
spousal support intercept programs.


Disclaimer: These codes may not be the most recent version. California may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.