California § 16560 - The Treasurer shall enter into such contracts with such depositaries as in his ju

Full text of California Public Contract Code - PCC § 16560 — The Treasurer shall enter into such contracts with such depositaries as in his ju, with citation guidance and answers to common questions.

§ 16560. The Treasurer shall enter into such contracts with such depositaries as in his ju

The Treasurer shall enter into such contracts with such depositaries as in his 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 dates, and provide conditions for their withdrawal, repayment, and security.

Source: official California text · Last verified 2026-08-27

Frequently Asked Questions About California § 16560

What does Public Contract Code - PCC § 16560 cover?

Section 16560 ("The Treasurer shall enter into such contracts with such depositaries as in his ju") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite California § 16560?

A common citation format is "Public Contract Code - PCC § 16560" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of California law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.

How does California § 16560 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in California.