California Laws: Financial Code Sections 1540-1547
California Laws > Financial Code
- California Laws: Financial Code Section 1540
Every trust company shall deposit with the State Treasurer money or securities of the character described in Section 1542 as security for its court and... - California Laws: Financial Code Section 1541
Whenever any trust company receives trust funds or property, other than real property, from court trusts accepted by it to the amount of one million... - California Laws: Financial Code Section 1542
Security deposited with the State Treasurer by trust companies pursuant to Section 1540 or 1541 shall consist of the following: (a) Bonds or other interest-bearing... - California Laws: Financial Code Section 1543
Such money or securities shall be approved by the commissioner and be deposited with the Treasurer upon the written order of the commissioner. Upon receiving... - California Laws: Financial Code Section 1544
Securities deposited pursuant to this article may be exchanged from time to time, with the approval of the commissioner, for other like securities of equal... - California Laws: Financial Code Section 1545
Should any security deposited pursuant to this article so depreciate in value as to reduce the deposit below the amount required by this article, additional... - California Laws: Financial Code Section 1545.5
When any revaluation of securities is made by the commissioner pursuant to Section 1545, other than at the time such securities are presented for deposit,... - California Laws: Financial Code Section 1546
The money and securities deposited pursuant to this article shall be subject to sale and the same or the proceeds thereof shall be subject to... - California Laws: Financial Code Section 1547
The commissioner may, pursuant to Section 216.3, levy a civil penalty against any trust company that fails to comply with this article. ...