Cal. Code Regs. tit. 2, § 16008.1.6
If upon the hearing the Administrator determines that the security described in the order to substitute for nonqualified security is qualified to secure a secured local agency deposit, the Administrator shall revoke such order to substitute for nonqualified security.
1. Renumbering from Section 16008.2.6 filed 3-1-73 as an emergency; designated effective 3-7-73 (Register 73, No. 9).
2. Certificate of Compliance filed 5-2-73 (Register 73, No. 18).