California Government Code Section 53600.6
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California Laws > Government Code > California Government Code Section 53600.6
53600.6. The Legislature hereby finds that the solvency and
creditworthiness of each individual local agency can impact the
solvency and creditworthiness of the state and other local agencies
within the state. Therefore, to protect the solvency and
creditworthiness of the state and all of its political subdivisions,
the Legislature hereby declares that the deposit and investment of
public funds by local officials and local agencies is an issue of
statewide concern.
Section: 53600.6
Last modified: February 22, 2013
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