§ 16561
62 words·~1 min read·
/ca/government-code/16561A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
In order to obtain as high rates of interest as possible, the contracts may contain any conditions necessary to conform with Section 19 of the Federal Reserve Act, as amended, and with regulations established pursuant thereto by the Board of Governors of the Federal Reserve System, and demand deposits shall be subject to withdrawal at any time upon demand of the Treasurer.