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HomeGovernment CodeDiv. 4Pt. 2Ch. 4Art. 4§ 16563 Depositary Contract Execution

§ 16563 Depositary Contract Execution

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

§ 16563 Depositary Contract Execution

Key Takeaways

  • •Contracts must be made in three identical copies.
  • •One copy of each contract must be given to the Controller by the Treasurer.

Example

A school wants to buy new computers from a company.

The school and the company must sign three copies of the contract. The school's Treasurer then sends one copy to the Controller to keep as a record.

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

Official Source
View on CA.gov

§ 16563 Depositary Contract Execution

The contracts shall be executed by the depositaries in triplicate. The Treasurer shall file one copy of each contract with the Controller. (Added by Stats. 1945, Ch. 120.)

Last verified: January 22, 2026

Key Terms

contractsdepositariestriplicateTreasurerController

Related Statutes

  • § 16633 Contract Execution Requirements
  • § 16560 Treasurer Depositary Contracts
  • § 12321 Treasurer'S Deposit Certification Requirement
  • § 12324 Treasurer'S Warrant Payment Authority
  • § 12325 Treasurer Warrant Payment Orders

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Government Code. Section 16563.
View Official Source