There is a newer version of the California Code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 4. Contracts
Section 16560
CA Govt Code § 16560 (through 2012 Leg Sess) What's This?
The Treasurer shall enter into such contracts with such depositaries as in his judgment will be to the public advantage so to do. The contracts shall fix the duration of deposits and the rates of interest to be received, if any, the interest payment dates, and provide conditions for their withdrawal, repayment, and security.
(Amended by Stats. 1977, Ch. 622.)
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