Section 1576 Of Article 3. Deposits With State Treasurer From California Financial Code >> Division 1.1. >> Chapter 16. >> Article 3.
1576
. When any revaluation of securities is made by the
commissioner pursuant to Section 1575, other than at the time such
securities are presented for deposit, United States Government
securities having a maturity date less than five years from the date
of such revaluation shall be valued at not less than par.