Statute · California Government Code

Cal. Gov't Code § 16429.3 — Local Agency Investment Fund

Cal. Gov't Code § 16429.3

Type
Statute
Source
California Government Code
Jurisdiction
California
Date
1997-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

Moneys placed with the Treasurer for deposit in the Local Agency Investment Fund by cities, counties, special districts, nonprofit corporations, or qualified quasi-governmental agencies shall not be subject to either of the following:

Citator

Cal. Gov't Code § 16429.3 — Local Agency Investment Fund is in force in the current edition of the Code, and nothing recorded condemns it.

Moneys placed with the Treasurer for deposit in the Local Agency Investment Fund by cities, counties, special districts, nonprofit corporations, or qualified quasi-governmental agencies shall not be subject to either of the following:

(a) Transfer or loan pursuant to Sections 16310, 16312, or 16313.

(b) Impoundment or seizure by any state official or state agency.