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California Government Code Section 53602

Legal Research Home > California Laws > Government Code > California Government Code Section 53602

53602.  The legislative body shall invest only in notes, bonds,
bills, certificates of indebtedness, warrants, or registered warrants
which are legal investments for savings banks in the State,
provided, that the board of supervisors of a county may, by a
four-fifths vote thereof, invest in notes, warrants or other
evidences of indebtedness of public districts wholly or partly within
the county, whether or not such notes, warrants, or other evidences
of indebtedness are legal investments for savings banks.

Section: Previous 53600.6 53601 53601.1 53601.2 53601.5 53601.6 53601.8 53602 53603 53604 53605 53606 53607 53608 53609 Next

Last modified: February 22, 2013