Statute · California Government Code

Cal. Gov't Code § 7600 — General

Cal. Gov't Code § 7600

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

It is the intent of the Legislature that:

Citator

Cal. Gov't Code § 7600 — General is in force in the current edition of the Code, and nothing recorded condemns it.

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.