California Code of Regulations
Title 2 - Administration
Division 4.5 - Local Agency Deposit Security
Chapter 2 - Administrator of Local Agency Security
Subchapter 9 - Default of Depository
Article 2 - Demand for Payment
Section 16009.2.4 - Demand for Payment-Time of Payment
Universal Citation: 2 CA Code of Regs 16009.2.4
Current through Register 2024 Notice Reg. No. 38, September 20, 2024
Unless the deposit contract provides otherwise, a demand for payment shall be deemed to demand payment on the date such demand is presented to the depository or on the date, if any, specified therein, whichever is later.
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