§ 11817 State Treasurer Deposits

Water Code·California

AI SummaryVerified

This law says the State Treasurer must put the state's money in a bank that is allowed to hold state funds.

Key Takeaways

•The State Treasurer is in charge of where the state's money goes.
•The money must be put in a bank that is allowed to hold state funds.
•This is to make sure the state's money is safe and handled correctly.

Example

The state collects money from taxes and fees.

The State Treasurer has to put this money in a special bank account that is approved by the state.

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

Official Source

View on CA.gov

§ 11817 State Treasurer Deposits

The State Treasurer shall deposit the revenues to the credit of the revenue fund as demand deposits in a depositary authorized by law to receive deposits of State funds. (Added by Stats. 1943, Ch. 370.)

Last verified: January 11, 2026

Key Terms

State Treasurer revenue fund demand deposits depositary

References

Official text at leginfo.legislature.ca.gov
California Legislature. Water Code. Section 11817.

Key Takeaways

Example

Key Terms

Related Statutes

References

Key Takeaways

Example

Key Terms

Related Statutes

References