Government Code section 16429.3

Moneys placed with the Treasurer for deposit in the Local Agency Investment Fund by cities, counties, special districts, nonprofit corporations, or qualified quasi-governmental agencies shall not be subject to either of the following:

(a)

Transfer or loan pursuant to Sections 16310, 16312, or 16313.

(b)

Impoundment or seizure by any state official or state agency.

Source: Section 16429.3, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=GOV§ionNum=16429.3. (updated Jan. 1, 1997; accessed Oct. 5, 2026).

16429.1
16429.2
16429.3
16429.4

Up to date

Verified:
Oct. 5, 2026

§ 16429.3's source at ca.gov

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Location: https://california.public.law/codes/government_code_section_16429.3

Original Source: Section 16429.3, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=GOV§ionNum=16429.3. (last accessed May 12, 2025).