Statute · California Government Code

Cal. Gov't Code § 16429.4 — Local Agency Investment Fund

Cal. Gov't Code § 16429.4

Type
Statute
Source
California Government Code
Jurisdiction
California
Date
2002-09-21
Current through
Nov 2, 2026 (California Legislative Counsel)

The right of a city, county, city and county, special district, nonprofit corporation, or qualified quasi-governmental agency to withdraw its deposited moneys from the Local Agency Investment Fund, upon demand, may not be altered, impaired, or denied, in any way, by any state official or state…

Citator

Cal. Gov't Code § 16429.4 — Local Agency Investment Fund is in force in the current edition of the Code, and nothing recorded condemns it.

The right of a city, county, city and county, special district, nonprofit corporation, or qualified quasi-governmental agency to withdraw its deposited moneys from the Local Agency Investment Fund, upon demand, may not be altered, impaired, or denied, in any way, by any state official or state agency based upon the state’s failure to adopt a State Budget by July 1 of each new fiscal year.