Cal. Code Regs. tit. 2, § 16009.2.5 – Demand for Payment--Presentment to Depository. | Midpage
§ 16009.2.5
Cal. Code Regs. tit. 2, § 16009.2.5
Demand for Payment--Presentment to Depository.
State of California
(a) A demand for payment shall be deemed to be presented to a depository when delivered to any officer or employee of such depository at the office of such depository where the local agency deposit is maintained; provided, however, that if such delivery occurs after the close of business hours of such office, then such demand for payment shall be deemed to be presented to the depository on the next succeeding day which is not a holiday.
(b) A demand for payment, if delivered to any officer or employee of a depository at any office of such depository other than the office where the local agency deposit is maintained, shall be deemed to be presented to such depository on the next succeeding day which is not a holiday.