Statute · California Government Code

Cal. Gov't Code § 6931 — Governmental Investors

Cal. Gov't Code § 6931

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

Each securities transaction or brokerage agreement carried out for a governmental investor pursuant to a soft dollar and directed brokerage arrangement, as defined in subdivision (b) of Section 6930, shall be executed at the lowest responsible transaction cost available.

Citator

Cal. Gov't Code § 6931 — Governmental Investors is in force in the current edition of the Code, and nothing recorded condemns it.

Each securities transaction or brokerage agreement carried out for a governmental investor pursuant to a soft dollar and directed brokerage arrangement, as defined in subdivision (b) of Section 6930, shall be executed at the lowest responsible transaction cost available.