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California Family Code

§ 4561

FAM § 4561Div. 9 · Part 5 · Ch. 2 · Art. 2
If a child support security deposit is ordered, the court shall order that the moneys be deposited by the child support obligor in an interest-bearing account with a state or federally chartered commercial bank, a trust company authorized to transact trust business in this state, or a savings and loan association, or in shares of a federally insured credit union doing business in this state and having a trust department, subject to withdrawal only upon authorization of the court. The moneys so deposited shall be used exclusively to guarantee the monthly payment of child support.

Legislative history

Enacted by Stats. 1992, Ch. 162, Sec. 10. Operative January 1, 1994.

Source: California Family Code § 4561 from the California Legislative Information (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.