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 4 - Conversion and Payment Instruction
Section 16009.4.5 - Payment by Agent of Depository-Receipt

Whenever an agent of depository makes payment to a treasurer in accordance with a conversion and payment instruction, such agent of depository shall obtain from such treasurer a receipt in quadruplicate for such payment, executed by the treasurer or by a person authorized to act on his behalf. The agent of depository shall retain the original of such receipt, serve one copy each thereof on the depository, the treasurer, and the Administrator.