Government Code section 54551

The local agency may:

(a)

Provide for the powers, duties, functions, and compensation of the fiscal agent.

(b)

Limit the liabilities of the fiscal agent.

(c)

Prescribe a method for his resignation and removal, and the merger or consolidation of fiscal agents.

(d)

Prescribe a method for the appointment of a successor fiscal agent and the transfer of rights and properties to the successor.

Source: Section 54551, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=GOV§ionNum=54551.­ (updated Jan. 1, 1949; accessed Jun. 30, 2025).

Green check means up to date. Up to date

Verified:
Jun. 30, 2025

§ 54551's source at ca​.gov