§ 105126 District Money Deposit Rules

Public Utilities Code·California

AI SummaryVerified

This law says that a district must follow specific rules when putting its money in a bank.

Key Takeaways

•Districts can't just put their money anywhere—they have to follow special rules.
•The rules are in another part of the law called Article 2.
•This is to make sure the money is handled safely and responsibly.

Example

A school district gets money from taxes and needs to put it in a bank.

The district has to follow the rules in another part of the law (Article 2) to make sure the money is kept safe and used correctly.

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

Official Source

View on CA.gov

§ 105126 District Money Deposit Rules

The district’s deposit of district money shall be in accordance with Article 2 (commencing with Section 53630) of Chapter 4 of Part 1 of Division 2 of the Government Code. (Added by Stats. 2002, Ch. 341, Sec. 4. Effective January 1, 2003.)

Last verified: January 11, 2026

Key Terms

district’s deposit Article 2 Section 53630 Government Code

References

Official text at leginfo.legislature.ca.gov
California Legislature. Public Utilities Code. Section 105126.

Key Takeaways

Example

Key Terms

Related Statutes

References

Key Takeaways

Example

Key Terms

Related Statutes

References