Gov. Code, § 16505 · Article 1. General

Gov. Code, § 16505

Verbatim from the official edition

Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)

Deposits in any bank shall not exceed the total of its net worth.

Notes and commentary — not statutory text

History

Amended by Stats. 1992, Ch. 509, Sec. 6. Effective January 1, 1993.

Source of truth

Edition: As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
Official file: https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=GOV&sectionNum=16505.
Text hash: sha256 ef2b873e487eb684135da95a05897ceb0edae41fc422cdc347d21f00f6ea2310
Composed by: compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section

Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.