Statute · California Government Code
Cal. Gov't Code § 53760 — Bankruptcy
Cal. Gov't Code § 53760
- Type
- Statute
- Source
- California Government Code
- Jurisdiction
- California
- Date
- 2012-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
A local public entity in this state may file a petition and exercise powers pursuant to applicable federal bankruptcy law if either of the following apply:(a) The local public entity has participated in a neutral evaluation process pursuant to Section 53760.3.
Citator
Cal. Gov't Code § 53760 — Bankruptcy is in force in the current edition of the Code, and nothing recorded condemns it.
A local public entity in this state may file a petition and exercise powers pursuant to applicable federal bankruptcy law if either of the following apply:
(a) The local public entity has participated in a neutral evaluation process pursuant to Section 53760.3.
(b) The local public entity declares a fiscal emergency and adopts a resolution by a majority vote of the governing board pursuant to Section 53760.5.