There is a newer version of the California Code
2011 California Code
Government Code
TITLE 2. GOVERNMENT OF THE STATE OF CALIFORNIA [8000 - 22980]
ARTICLE 2. Security for Deposits
Section 16520
CA Govt Code § 16520 (through 2012 Leg Sess) What's This?
Security shall not be required for that portion of any deposit that is insured under any law of the United States.
(Added by Stats. 1945, Ch. 120.)
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