Statutes, codes, and regulations
California Code Of Regulations
Title 2 - AdministrationDivision 4.5 - Local Agency Deposit SecurityChapter 2 - Administrator of Local Agency SecuritySubchapter 9 - Default of Depository
Article 1 - General Provisions
Section 16009.1.1 - Definitions

Cal. Code Regs. tit. 2 § 16009.1.1

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Current through Register 2025 Notice Reg. No. 2, January 10, 2025
Section 16009.1.1 - Definitions

In this Subchapter:

(a) "Default of depository" means a failure by a depository to pay all or part of a secured local agency deposit in accordance with the deposit contract and on demand of the treasurer or other authorized official of such local agency.
(b) "Holiday" means any of the holidays provided for in Government Code Sections 6700 and 6701.

Cal. Code Regs. Tit. 2, § 16009.1.1

1. Amendment of subsection (b), repealer of subsection (c) and new NOTE filed 4-7-97; operative 4-7-97 pursuant to Government Code section 11343.4(d) (Register 97, No. 15).

Note: Authority cited: Section 53661, Government Code. Reference: Section 53661, Government Code.

1. Amendment of subsection (b), repealer of subsection (c) and new Note filed 4-7-97; operative 4-7-97 pursuant to Government Code section 11343.4(d) (Register 97, No. 15).