California Government Code ARTICLE 6 - County Treasury Oversight Committees

• Section 27130.
  The Legislature finds and declares that local agencies, including school districts, should participate in reviewing the policies that guide the investment of those funds. The...
• Section 27131.
  (a) The board of supervisors in each county or city and county may, if the county or city and county is investing surplus funds, establish a...
• Section 27132.
  The county treasury oversight committee, pursuant to Section 27131, shall consist of members appointed from the following:(a) The county treasurer.(b) The county auditor, auditor-controller, or finance director,...
• Section 27132.1.
  A member may not be employed by an entity that has (a) contributed to the campaign of a candidate for the office of local treasurer,...
• Section 27132.2.
  A member may not directly or indirectly raise money for a candidate for local treasurer or a member of the governing board of any local...
• Section 27132.3.
  A member may not secure employment with, or be employed by, bond underwriters, bond counsel, security brokerages or dealers, or financial services firms, with whom...
• Section 27132.4.
  Committee meetings shall be open to the public and subject to the Ralph M. Brown Act (Chapter 9 (commencing with Section 54950) of Part 1...
• Section 27133.
  In any county that establishes a county treasury oversight committee pursuant to this article, the county treasurer shall annually prepare an investment policy that will...
• Section 27134.
  The county treasury oversight committee shall cause an annual audit to be conducted to determine the county treasury’s compliance with this article. The audit may...
• Section 27135.
  The costs of complying with this article shall be county charges and may be included with those charges enumerated under Section 27013.(Added by Stats. 1995,...
• Section 27136.
  (a) Notwithstanding any other provision of law, any local agency, public agency, public entity, or public official that has funds on deposit in the county treasury...
• Section 27137.
  Nothing in this article shall be construed to allow the county treasury oversight committee to direct individual investment decisions, select individual investment advisors, brokers, or...

Last modified: October 22, 2018