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TITLE 1. GENERAL 100-7914›DIVISION 8. SECURITIES OWNED BY STATE AGENCIES 7600-7605›CHAPTER 1. Investment of Securities Owned by State Agencies 7600-7605›ARTICLE 2. Security Loans 7602-7605

§ 7602

California Government Code · 2020-11 edition · updated 2026-10-04 · California

A state agency which is authorized pursuant to Section 22312 of the Education Code and Sections 16481 and 20208.5 of the Government Code may enter into security loan agreements with broker-dealers and with any state or national banks for the purpose of prudently supplementing the income normally received from investments.

(Amended by Stats. 1982, Ch. 1194, Sec. 3.)

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