TITLE 1. GENERAL 100-7931.000›DIVISION 8. SECURITIES OWNED BY STATE AGENCIES 7600-7605›CHAPTER 1. Investment of Securities Owned by State Agencies 7600-7605›ARTICLE 1. General 7600-7601
§ 7600
California Government Code · 2026-09 edition · updated 2026-10-03 · California
It is the intent of the Legislature that:
(a) Specified state agencies be authorized to invest marketable securities by entering into security loan agreements;
(b) State agencies charged with such authority exercise prudence in making such agreements;
(c) Sound fiscal management be established with respect to transactions involving security agreements.
(Added by Stats. 1975, Ch. 1214.)
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