0 chapters · 15,253 sections in this title.
Gov. Code § 14556.50 Section 14556.50
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The grant authorized under paragraph (32) of subdivision (a) of Section 14556.40 shall be allocated as follows: (a) (1) Two hundred fifty thousand dollars ($250,000) to defray the administrative costs of the North Coast Railroad Authority, allocated directly to the authority as d…
Gov. Code § 14556.52 Section 14556.52
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(a) Before grants from the fund may be allocated to any of the three Alameda Corridor East Projects identified in paragraphs (54), (55), and (73) of subdivision (a) of Section 14556.40, a report shall be completed and submitted to the commission within one year of the operative d…
Gov. Code § 14556.6 Section 14556.6
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The purpose of this article is to relieve traffic congestion, provide additional funding for local street and road deferred maintenance, and provide additional transportation capacity in high growth areas of the state. The Traffic Congestion Relief Fund is intended to contribute …
Gov. Code § 14556.8 Section 14556.8
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(a) (1) To the extent necessary to provide adequate cash to fund projected expenditures under this chapter, the Director of Finance may authorize, by executive order, the transfer of not more than one hundred million dollars ($100,000,000), as an interest free loan, from the Moto…
Gov. Code § 16600 Section 16600
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(a) As used in this chapter, the following definitions shall apply: (1) “Eligible savings and loan association” means a state or federal savings association, as defined in Section 5102 of the Financial Code, located in this state, insured by the Federal Savings and Loan Insurance…
Gov. Code § 16601 Section 16601
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Notwithstanding Section 16502, all other money in the State Treasury or under the control of the Treasurer belonging to or in the custody of the state, shall, so far as possible, be deposited by the Treasurer to the credit of the state in eligible banks as defined in Section 1650…
Gov. Code § 16602 Section 16602
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Subject to the limitations of Article 4.5 (commencing with Section 16480) of Chapter 3, the Treasurer shall determine what amounts of money shall be deposited as deposits in savings and loan associations, and credit unions, and the rates of interest to be received.
Gov. Code § 16603 Section 16603
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Subject to the applicable contract, the Treasurer may call in money from deposits in savings and loan associations and credit unions and place it in demand deposits in banks when necessary to meet current requirements.
Gov. Code § 16604 Section 16604
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Deposits in any savings and loan association or credit union shall not exceed the total of its net worth.
Gov. Code § 16605 Section 16605
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Notwithstanding Section 16506, all money belonging to or in the custody of the state under the control of any state officer or employee, other than the Treasurer, except petty cash funds authorized by the Department of Finance, shall be deposited in state or national banks in thi…
Gov. Code § 16606 Section 16606
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A state officer is not liable on his or her official bond for losses caused by the failure of a savings and loan association or credit union in which a deposit is made of money belonging to an inmate of a state institution, if the officer was required or permitted by law to act a…
Gov. Code § 16607 Section 16607
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The Treasurer is not responsible for any money deposited in a savings and loan association or credit union pursuant to this chapter, and while it remains so deposited.
Gov. Code § 16608 Section 16608
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The Treasurer is responsible for the safekeeping, management and disbursement of the certificates of deposit received and the securities deposited with him, the interest received on deposits, and the proceeds of any sale under this chapter. The state is responsible for the custod…
Gov. Code § 16609 Section 16609
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Any state officer or employee who deposits any money belonging to or in the custody of the state in any manner other than as prescribed in this chapter or Chapter 4 (commencing with Section 16500) is subject to forfeiture of his office or employment.
Gov. Code § 16610 Section 16610
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Security shall not be required for that portion of any deposit that is insured under any law of the United States.
Gov. Code § 16611 Section 16611
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To be eligible to receive and retain deposits, a savings and loan association and credit union shall deposit with the Treasurer as security for deposits, securities specified in Section 16612, and approved by the Treasurer, in an amount in value at least 10 percent in excess of t…
Gov. Code § 16612 Section 16612
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The following securities may be received as security for deposits: (a) Bonds, notes, or other obligations of the United States, or those for which the faith and credit of the United States are pledged for the payment of principal and interest, including the guaranteed portions of…
Gov. Code § 16613 Section 16613
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If it appears to him or her necessary for the security of the state, the Treasurer shall require as a condition of eligibility that a savings and loan association or credit union furnish an indemnity bond approved by the Treasurer, conditioned against loss by any depreciation in …
Gov. Code § 16614 Section 16614
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In lieu of deposits of securities, any otherwise eligible savings and loan association or credit union may deposit with the Treasurer bonds of admitted surety insurers as security for demand and time deposits.
Gov. Code § 16615 Section 16615
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An admitted surety insurer is not eligible as surety for deposits in any one savings and loan association or credit union in amounts in excess of 10 percent of the capital and surplus of the surety as shown in the preceding report issued by the United States Treasury Department.
Gov. Code § 16616 Section 16616
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On demand of the Treasurer, the Insurance Commissioner shall issue a certificate showing the qualifications of any admitted surety insurer as surety for deposits.
Gov. Code § 16617 Section 16617
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The bond of an admitted surety insurer shall not be accepted as security for deposits unless it has been certified by the Insurance Commissioner as meeting the requirements of this chapter and unless it also holds a certificate of authority from the United States Treasury Departm…
Gov. Code § 16618 Section 16618
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The form of bonds required under this chapter shall be prescribed by the Attorney General.
Gov. Code § 16619 Section 16619
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A surety upon any bond to secure deposits may terminate the bond as to future liability by giving 10 days’ written notice of termination to the Treasurer. Such notice of termination shall not affect any liability accruing prior to the expiration of the 10-day period. Within 10 da…
Gov. Code § 16620 Section 16620
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That portion of any security for deposit that is in excess of the requirements of this article may be withdrawn or released on the written consent of the Treasurer.
Gov. Code § 16621 Section 16621
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If any savings and loan association or credit union fails to pay all or any part of deposits on demand of the Treasurer, pursuant to the terms and conditions of the contract relating to the deposit that is to be withdrawn in whole or in part, the Treasurer shall forthwith recover…
Gov. Code § 16622 Section 16622
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If at any time the security deposited with the Treasurer is not deemed satisfactory by the Treasurer, he may require such additional security as is satisfactory to him.
Gov. Code § 16625 Section 16625
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As used in this article, “qualified trust company” means the trust department of any state or national bank in this state or a trust company authorized to act as such in this state.
Gov. Code § 16626 Section 16626
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With the consent of the savings and loan association or credit union owning securities deposited or to be deposited with him or her as security, the Treasurer may: (a) Authorize any qualified trust company or any federal reserve bank or any branch thereof or any state or national…
Gov. Code § 16627 Section 16627
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The Treasurer shall take from the qualified trust company or from any federal reserve bank or any branch thereof or the Federal Home Loan Bank of San Francisco a receipt for any securities received by it under this article. Neither the Treasurer nor the state is responsible for t…
Gov. Code § 16628 Section 16628
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Any qualified trust company or any federal reserve bank or any branch thereof or the Federal Home Loan Bank of San Francisco to which securities are delivered, either as agent or depositary for the Treasury, shall make such disposition of the securities as the Treasurer directs a…
Gov. Code § 16629 Section 16629
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The charges of any qualified trust company or of any federal reserve bank or any branch thereof or the Federal Home Loan Bank of San Francisco for the handling and safekeeping of such securities are not a charge against the Treasurer but shall be paid by the owner.
Gov. Code § 16630 Section 16630
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The Treasurer shall enter into contracts with savings and loan associations as in his or her 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 date, and provid…
Gov. Code § 16631 Section 16631
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In order to obtain as high rates of interest as possible, the contracts may contain any conditions necessary to conform with Section 5B of the Federal Home Loan Bank Act, as amended (12 USC Sec. 1425 (b)), and with regulations established pursuant thereto by the Federal Home Loan…
Gov. Code § 16632 Section 16632
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The contracts covering deposits shall provide that the interest to be paid by the savings and loan association or credit union shall be paid upon the expiration of the certificate or certificates of deposit issued as a part of the contract. The contract may also provide for perio…
Gov. Code § 16633 Section 16633
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The contracts shall be executed by the savings and loan associations and credit unions in triplicate. The Treasurer shall file one copy of each contract with the Controller.
Gov. Code § 16634 Section 16634
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At the time of depositing state money in any savings and loan association or credit union, designated as a depository, the Treasurer shall take and preserve a receipt, certificate of deposit, or any other evidence of the deposit as the Treasurer may require, stating the amount de…
Gov. Code § 25330 Section 25330
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The Legislature finds that counties are faced with critical revenue shortages and a need to provide and maintain vital public services that the public wants and needs. The Legislature finds that many counties have employees who possess expertise, education, and training that enab…
Gov. Code § 25331 Section 25331
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It is the intent of the Legislature that the fees or charges authorized by this chapter are for optional services that the public may or may not choose to purchase, and are not taxes for the purposes of Article XIII A of the California Constitution.
Gov. Code § 25332 Section 25332
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(a) The Boards of Supervisors of Butte, Kings, Los Angeles, Merced, Orange, Riverside, San Bernardino, Santa Clara, Sonoma, and Ventura Counties may enter into contracts with private enterprise to provide services that require special experience, education, and training that the …
Gov. Code § 25333 Section 25333
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The board of supervisors may approve a contract or new fee only after conducting a public hearing as a part of a regularly held meeting of the board of supervisors. Notice of the time and place of the meeting, including a general description of the matter under consideration, sha…
Gov. Code § 25334 Section 25334
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Persons interested in receiving notice of the public hearing held pursuant to Section 25333 shall file a written request with the clerk of the board of supervisors, and pay a fee to cover the county’s cost of providing each notice.
Gov. Code § 25335 Section 25335
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Any contract entered into pursuant to this chapter shall be authorized by a resolution of the board of supervisors.
Gov. Code § 25336 Section 25336
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Any fee adopted by the board of supervisors pursuant to this chapter shall be adopted by ordinance. Prior to adopting the fee, the board of supervisors shall make a finding that the following circumstances exist: (a) The county has sufficient resources and capability available to…
Gov. Code § 25337 Section 25337
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The procedures, pursuant to this chapter, are alternative to any other procedure provided by law with respect to the establishment of fees or charges, execution of contracts, or the publication of notices thereof. These procedures may be used by a county notwithstanding any other…
Gov. Code § 25338 Section 25338
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The services to be provided by the county pursuant to this chapter shall not include any of the following: (a) Services provided pursuant to Chapter 10 (commencing with Section 4525) of Title 1 of Division 5. (b) Services that are provided to cities by the county pursuant to serv…
Gov. Code § 50950 Section 50950
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The Legislature finds and declares all of the following: (a) The Volunteer Firefighters Length of Service Award System is not a retirement system but an incentive program for volunteer firefighters. (b) The purpose of the award system can be achieved more efficiently and at a low…
Gov. Code § 50951 Section 50951
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(a) This chapter establishes the Volunteer Firefighters Length of Service Award System and may be cited as the Volunteer Firefighters Length of Service Award Act. (b) Notwithstanding any other contrary law, enrollment for an award shall not be construed as a retirement, the recei…
Gov. Code § 50952 Section 50952
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For the purposes of this chapter, unless the context otherwise requires, the definitions set forth below shall mean the following: (a) “Actuarial interest rate” means the interest rate fixed by the board for purposes of actuarial valuation of the assets and liabilities of the awa…
Gov. Code § 50953 Section 50953
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(a) The award system shall be administered by the board and the board shall comply with the following requirements: (1) The board shall maintain a plan as described in Section 457(e)(11) of Title 26 of the United States Code. (2) The representatives on the board shall be elected.…