California Government Code
§ 16507
GOV § 16507Div. 4 · Title 2 · Part 2 · Ch. 4 · Art. 1
Statute text
View on leginfo.ca.govA State officer is not liable on his official bond for losses caused by the failure of a bank in which is made a deposit of money belonging to an inmate of a State institution, if the officer was required or permitted by law to act as a trustee or fiduciary with respect to the money and if he made the deposit in good faith and in accordance with law.
Legislative history
Added by Stats. 1945, Ch. 120.