Government Code section 14554.4

Any notes issued under this chapter may be secured by a trust agreement, indenture, or resolution by and between the commission and a trustee. The trustee may be the Treasurer or a bank or trust company chartered under the laws of this state or of the United States and designated by the Treasurer. The Treasurer may act under the note resolution as the fiscal agent for the notes.

Source: Section 14554.4, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=GOV§ionNum=14554.­4.­ (updated Jan. 1, 2000; accessed Jul. 7, 2025).

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Verified:
Jul. 7, 2025

§ 14554.4's source at ca​.gov