California Government Code ARTICLE 19 - Obligation of Contract

• Section 53995.
  As used in this article:(a) “Financial transaction” means any agreement or arrangement entered into between a local agency or the treasurer of a local agency and...
• Section 53996.
  The Legislature hereby finds and declares that a local agency’s obligation of contract, as that term is used and interpreted in Section 9 of Article...
• Section 53997.
  (a) A local agency’s obligation of contract, with regard to a financial transaction, shall commence when the legislative body adopts a resolution formally adopting, approving, or...

Last modified: October 22, 2018