reglab/housing_qa huggingface dataset:
CA Govt Code § 16614 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 4 - FISCAL AFFAIRS|PART 2 - STATE FUNDS|CHAPTER 4.5 - Savings and Loan Association Deposits|ARTICLE 2 - Security for Deposits|Section 16614.

16614.  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.(Amended by Stats. 1987, Ch. 1035, Sec. 11.)
CA Govt Code § 16615 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 4 - FISCAL AFFAIRS|PART 2 - STATE FUNDS|CHAPTER 4.5 - Savings and Loan Association Deposits|ARTICLE 2 - Security for Deposits|Section 16615.

16615.  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.(Amended by Stats. 1987, Ch. 1035, Sec. 12.)
CA Govt Code § 16616 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 4 - FISCAL AFFAIRS|PART 2 - STATE FUNDS|CHAPTER 4.5 - Savings and Loan Association Deposits|ARTICLE 2 - Security for Deposits|Section 16616.

16616.  On demand of the Treasurer, the Insurance Commissioner shall issue a certificate showing the qualifications of any admitted surety insurer as surety for deposits.(Added by Stats. 1976, Ch. 349.)
CA Govt Code § 16617 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 4 - FISCAL AFFAIRS|PART 2 - STATE FUNDS|CHAPTER 4.5 - Savings and Loan Association Deposits|ARTICLE 2 - Security for Deposits|Section 16617.

16617.  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 Department under which it is eligible as surety on federal bonds.(Added by Stats. 1976, Ch. 349.)
CA Govt Code § 16618 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 4 - FISCAL AFFAIRS|PART 2 - STATE FUNDS|CHAPTER 4.5 - Savings and Loan Association Deposits|ARTICLE 2 - Security for Deposits|Section 16618.

16618.  The form of bonds required under this chapter shall be prescribed by the Attorney General.(Added by Stats. 1976, Ch. 349.)
CA Govt Code § 16619 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 4 - FISCAL AFFAIRS|PART 2 - STATE FUNDS|CHAPTER 4.5 - Savings and Loan Association Deposits|ARTICLE 2 - Security for Deposits|Section 16619.

16619.  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 days after receipt of such a notice of termination, the Treasurer shall require other acceptable security or withdraw the deposits secured by the bond to be terminated.(Added by Stats. 1976, Ch. 349.)
CA Govt Code § 16620 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 4 - FISCAL AFFAIRS|PART 2 - STATE FUNDS|CHAPTER 4.5 - Savings and Loan Association Deposits|ARTICLE 2 - Security for Deposits|Section 16620.

16620.  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.(Added by Stats. 1976, Ch. 349.)
CA Govt Code § 16621 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 4 - FISCAL AFFAIRS|PART 2 - STATE FUNDS|CHAPTER 4.5 - Savings and Loan Association Deposits|ARTICLE 2 - Security for Deposits|Section 16621.

16621.  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 upon or convert the security therefor into money and disburse it according to law.(Amended by Stats. 1987, Ch. 1035, Sec. 13.)
CA Govt Code § 16622 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 4 - FISCAL AFFAIRS|PART 2 - STATE FUNDS|CHAPTER 4.5 - Savings and Loan Association Deposits|ARTICLE 2 - Security for Deposits|Section 16622.

16622.  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.(Added by Stats. 1976, Ch. 349.)
CA Govt Code § 16625 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 4 - FISCAL AFFAIRS|PART 2 - STATE FUNDS|CHAPTER 4.5 - Savings and Loan Association Deposits|ARTICLE 3 - Custody of Securities|Section 16625.

16625.  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.(Added by Stats. 1976, Ch. 349.)
CA Govt Code § 16626 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 4 - FISCAL AFFAIRS|PART 2 - STATE FUNDS|CHAPTER 4.5 - Savings and Loan Association Deposits|ARTICLE 3 - Custody of Securities|Section 16626.

16626.  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 bank located in any city designated as a reserve or central reserve city by the Board of Governors of the Federal Reserve System or the Federal Home Loan Bank of San Francisco to receive as his or her agent deposits of any securities approved under this chapter.(b) Place and maintain for safekeeping as a trust deposit with any qualified trust company, or with any federal reserve bank or any branch thereof or the Federal Home Loan Bank of San Francisco any securities that have been received by him or her under this chapter.(c) Whenever any qualified trust company accepts securities under paragraph (a) or (b) the trust company, with the prior approval of the Treasurer, may keep the securities for safekeeping with any state or national bank located in a city designated as a reserve or central reserve city by the Board of Governors of the Federal Reserve System.(Amended by Stats. 2015, Ch. 25, Sec. 27. (SB 84) Effective June 24, 2015.)
CA Govt Code § 16627 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 4 - FISCAL AFFAIRS|PART 2 - STATE FUNDS|CHAPTER 4.5 - Savings and Loan Association Deposits|ARTICLE 3 - Custody of Securities|Section 16627.

16627.  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 the custody and safe return of such securities until they are withdrawn from the qualified trust company or from any federal reserve bank or any branch thereof or from the Federal Home Loan Bank of San Francisco by the Treasurer.(Amended by Stats. 2015, Ch. 25, Sec. 28. (SB 84) Effective June 24, 2015.)
CA Govt Code § 16628 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 4 - FISCAL AFFAIRS|PART 2 - STATE FUNDS|CHAPTER 4.5 - Savings and Loan Association Deposits|ARTICLE 3 - Custody of Securities|Section 16628.

16628.  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 and is responsible only for strict compliance with written instructions given to it by the Treasurer. All such securities are at all times subject to the order of the Treasurer.(Amended by Stats. 2015, Ch. 25, Sec. 29. (SB 84) Effective June 24, 2015.)
CA Govt Code § 16629 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 4 - FISCAL AFFAIRS|PART 2 - STATE FUNDS|CHAPTER 4.5 - Savings and Loan Association Deposits|ARTICLE 3 - Custody of Securities|Section 16629.

16629.  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.(Amended by Stats. 2015, Ch. 25, Sec. 30. (SB 84) Effective June 24, 2015.)
CA Govt Code § 16630 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 4 - FISCAL AFFAIRS|PART 2 - STATE FUNDS|CHAPTER 4.5 - Savings and Loan Association Deposits|ARTICLE 4 - Contracts|Section 16630.

16630.  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 provide conditions for their withdrawal, repayment, and security.(Amended by Stats. 1987, Ch. 1035, Sec. 15.)
CA Govt Code § 16631 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 4 - FISCAL AFFAIRS|PART 2 - STATE FUNDS|CHAPTER 4.5 - Savings and Loan Association Deposits|ARTICLE 4 - Contracts|Section 16631.

16631.  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 Bank Board.(Amended by Stats. 1977, Ch. 622.)
CA Govt Code § 16632 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 4 - FISCAL AFFAIRS|PART 2 - STATE FUNDS|CHAPTER 4.5 - Savings and Loan Association Deposits|ARTICLE 4 - Contracts|Section 16632.

16632.  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 periodic interest payments during the term of the deposit. The contract governing deposits shall also provide that the amounts of interest shall be reported by the savings and loan association or credit union at the time of payment of the interest, by statement showing the balances or amounts of money of the state held by the association or credit union during the period and the amount of accrued interest thereon.(Amended by Stats. 1987, Ch. 1035, Sec. 16.)
CA Govt Code § 16633 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 4 - FISCAL AFFAIRS|PART 2 - STATE FUNDS|CHAPTER 4.5 - Savings and Loan Association Deposits|ARTICLE 4 - Contracts|Section 16633.

16633.  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.(Amended by Stats. 1987, Ch. 1035, Sec. 17.)
CA Govt Code § 16634 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 4 - FISCAL AFFAIRS|PART 2 - STATE FUNDS|CHAPTER 4.5 - Savings and Loan Association Deposits|ARTICLE 4 - Contracts|Section 16634.

16634.  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 deposited and referring to the contract made between the depository savings and loan association or credit union and the Treasurer.(Amended by Stats. 1987, Ch. 1035, Sec. 18.)
CA Govt Code § 16720 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 4 - FISCAL AFFAIRS|PART 3 - STATE BONDS|CHAPTER 4 - State General Obligation Bonds|ARTICLE 1 - General|Section 16720.

16720.  This chapter shall be known and may be cited as the State General Obligation Bond Law.(Added by Stats. 1953, Ch. 1698.)
CA Govt Code § 16721 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 4 - FISCAL AFFAIRS|PART 3 - STATE BONDS|CHAPTER 4 - State General Obligation Bonds|ARTICLE 1 - General|Section 16721.

16721.  The purpose of this chapter is to provide a procedure which may be adopted by other acts for use with whatever modifications are necessary in authorizing the issuance and sale of state general obligation bonds and providing for the repayment of such bonds. This chapter does not itself authorize the issuance or sale of any bonds.(Added by Stats. 1953, Ch. 1698.)
CA Govt Code § 16722 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 4 - FISCAL AFFAIRS|PART 3 - STATE BONDS|CHAPTER 4 - State General Obligation Bonds|ARTICLE 1 - General|Section 16722.

16722.  As used in this chapter, the following terms shall have the following meaning unless the context otherwise requires:(a) “Board” means the state board, department, or agency authorized by that act to request the committee to cause bonds to be issued for the purpose of creating a fund that is to be expended by the board for the purposes specified in that act.(b) “Bond” means a state general obligation bond issued pursuant to an act adopting the provisions of this chapter.(c) “Bond act” means the act authorizing the issuance of state general obligation bonds and adopting this chapter by reference.(d) “Committee” means the finance committee or other body created by that act and authorized to cause bonds to be issued by the adoption of a resolution or resolutions.(e) “Fund” means the fund created by that act, and into which the proceeds from the sale of the bonds are paid.(f) “Tender” means a term of a bond that gives the holder the right to have the bond purchased from the holder at a predetermined price prior to maturity.(Amended by Stats. 2001, Ch. 97, Sec. 1. Effective July 24, 2001.)
CA Govt Code § 16723 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 4 - FISCAL AFFAIRS|PART 3 - STATE BONDS|CHAPTER 4 - State General Obligation Bonds|ARTICLE 1 - General|Section 16723.

16723.  Any bond act may adopt the provisions of this chapter by reference to its short title, and such reference shall serve to incorporate the provisions of this chapter in said act as though set out in full therein. Notwithstanding such adoption by reference, the bond act may contain provisions applicable to the bonds issued thereunder, and, in case of conflict, the provisions in the bond act shall prevail.(Amended by Stats. 1963, Ch. 1443.)
CA Govt Code § 16724.4 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 4 - FISCAL AFFAIRS|PART 3 - STATE BONDS|CHAPTER 4 - State General Obligation Bonds|ARTICLE 1 - General|Section 16724.4.

16724.4.  Any state bond measure approved by the voters on or after January 1, 2004, shall be subject to an annual reporting process, as follows:(a) The head of the lead state agency administering the bond proceeds shall report to the Legislature and the Department of Finance no later than January 1, 2005, or the January 1 of the second year following the enactment of the bond measure, whichever is later, and at least once a year thereafter. The annual report shall contain all of the following:(1) A list of all projects and their geographical location that have been funded or are required or authorized to receive funds.(2) The amount of funds allocated on each project.(3) The status of any project required or authorized to be funded.(b) Costs of the report may be included in the cost of administering the bond measure unless the measure specifically prohibits those expenses.(c) If the head of the lead state agency administering the bond proceeds has developed and continuously maintains an alternative digital method of providing all the information required pursuant to subdivision (a), such as a publicly available data display on the agency’s internet website or the state’s open data portal, an annual notification to the Legislature and the Department of Finance that includes specific instructions to locate the information may meet the annual reporting process requirements of this section.(Amended by Stats. 2021, Ch. 44, Sec. 113. (AB 130) Effective July 9, 2021.)
CA Govt Code § 16724.5 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 4 - FISCAL AFFAIRS|PART 3 - STATE BONDS|CHAPTER 4 - State General Obligation Bonds|ARTICLE 1 - General|Section 16724.5.

16724.5.  (a) For purposes of this section, “revolving fund” means the General Obligation Bond Expense Revolving Fund created pursuant to this section.(b) There is in the State Treasury the General Obligation Bond Expense Revolving Fund, which shall consist of all moneys appropriated by the Legislature into that fund or payable into that fund in accordance with this section.(c) All moneys in the revolving fund are hereby appropriated and shall be available without regard to fiscal years for all of the following:(1) The payment of the expenses incurred by the Treasurer in having the bonds prepared and in advertising their sale or their prior redemption, and of the other costs described in subdivision (e) of Section 16727.(2) For expenses incurred by the committee pursuant to Section 16758.(3) For payment for legal services pursuant to Section 16760.(d) Whenever bonds are sold, out of the first moneys realized from their sale, there shall be redeposited in the revolving fund the sums that have been expended for the purposes specified in subdivision (c), which may be used for the same purposes and repaid in the same manner whenever additional sales are made.(Amended by Stats. 2010, Ch. 328, Sec. 86. (SB 1330) Effective January 1, 2011.)
CA Govt Code § 16724.6 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 4 - FISCAL AFFAIRS|PART 3 - STATE BONDS|CHAPTER 4 - State General Obligation Bonds|ARTICLE 1 - General|Section 16724.6.

16724.6.  There is hereby transferred from any bond fund created for the proceeds of sales of state general obligation bonds, the amounts necessary to reimburse the Treasurer, the Controller, and the Department of Finance for actual expenses incurred in: (1) administering or reviewing loans from the Pooled Money Investment Account to the bond fund including review by the Public Works Board staff, (2) assuring bond program compliance with federal laws and regulations related to tax-exempt government obligations by tracking arbitrage and expenditures, calculating and remitting federal rebates and penalties, investing bond sale proceeds, establishing and maintaining special accounting systems, and providing other services the Treasurer determines are necessary to maintain the tax-exempt status of the bonds.(Amended by Stats. 2002, Ch. 1124, Sec. 27. Effective September 30, 2002.)
CA Govt Code § 16724.7 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 4 - FISCAL AFFAIRS|PART 3 - STATE BONDS|CHAPTER 4 - State General Obligation Bonds|ARTICLE 1 - General|Section 16724.7.

16724.7.  Costs incurred by the state in connection with state general obligation bonds bearing variable interest rates that are different from costs determined by the Treasurer to be customary costs for state general obligation bonds bearing interest at fixed rates (including, but not limited to, fees and charges of underwriters, remarketing or auction agents, tender and paying agents, rating agencies, financial advisors, counsel, and staff costs directly associated with the foregoing), shall be paid from annual appropriations from the General Fund if the bonds are issued under a bond act approved by the voters prior to January 1, 2002. If the bonds are issued under a bond act approved by the voters after January 1, 2002, these costs are authorized to be paid, and may be paid, from the General Obligation Bond Expense Revolving Fund created by Section 16724.5 or from proceeds from the sale of any bonds issued pursuant to this chapter.(Added by Stats. 2001, Ch. 97, Sec. 2. Effective July 24, 2001.)
CA Govt Code § 16725 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 4 - FISCAL AFFAIRS|PART 3 - STATE BONDS|CHAPTER 4 - State General Obligation Bonds|ARTICLE 1 - General|Section 16725.

16725.  The Controller, the State Treasurer and the committee shall keep full and particular account and record of all their proceedings under the bond act and this chapter and they shall transmit to the Governor an abstract of all such proceedings thereunder, with an annual report, to be transmitted by the Governor to the Legislature annually. All books and papers pertaining to the matters provided for in the bond act and this chapter shall at all times be open to the inspection of the Governor, the Attorney General, any committee of either branch of the Legislature, or any joint committee of both, any citizen of the State, or any interested party.(Added by Stats. 1953, Ch. 1698.)
CA Govt Code § 16726 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 4 - FISCAL AFFAIRS|PART 3 - STATE BONDS|CHAPTER 4 - State General Obligation Bonds|ARTICLE 1 - General|Section 16726.

16726.  Upon request of the board stating that the purposes for which the bonds were issued and sold has been effected, the committee shall certify this fact to the State Controller, and thereupon the unencumbered balance of cash remaining from the proceeds of the sale of the bonds in the fund shall, on order of the State Controller, be transferred therefrom to the General Fund.(Added by Stats. 1953, Ch. 1698.)