Government Code section 7600


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.
Last Updated

Apr. 24, 2025

§ 7600’s source at ca​.gov