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HomeGovernment CodeDiv. 4Pt. 2Ch. 4Art. 2§ 16533 Additional Security Requirement

§ 16533 Additional Security Requirement

Government Code·California
AI Summary·Official Text·Key Terms·Related Statutes·References
AI SummaryVerified

§ 16533 Additional Security Requirement

Key Takeaways

  • •If the money or guarantee you gave the government isn't good enough, they can ask for more.
  • •The government decides what's 'good enough'—if they don't like it, you have to give more.
  • •This is about making sure the government is protected if something goes wrong.

Example

You open a small food truck and give the city $1,000 as a deposit to make sure you follow the rules. Later, the city says $1,000 isn’t enough and asks for $2,000 more.

The city can do this because they decide if the money you gave them is enough to cover problems. If they think it’s not, you have to give more.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source
View on CA.gov

§ 16533 Additional Security Requirement

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. (Amended by Stats. 1957, Ch. 1542.)

Last verified: January 22, 2026

Key Terms

securityTreasureradditional security

Related Statutes

  • § 16521 Bank Deposit Security Requirements
  • § 16532 Bank Deposit Security Recovery
  • § 16622 Treasurer Security Requirements
  • § 12320 State Funds Custody Rules
  • § 12321 Treasurer'S Deposit Certification Requirement

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Government Code. Section 16533.
View Official Source