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2011 California Code
Public Resources Code
DIVISION 11. RESORT IMPROVEMENT DISTRICTS [13000 - 13233]
CHAPTER 11. Alternative Depositary of District Money
Section 13191
CA Pub Res Code § 13191 (through 2012 Leg Sess) What's This?
The board may by resolution designate a bank as depositary of any or all of its funds. No question of interest shall affect such appointment. If the depositary is not designated for all of its funds, it shall designate what funds are to be deposited with the depositary. The county treasurer shall be the depositary for all funds not so designated.
(Added by Stats. 1961, Ch. 2069.)
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