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.

Source: Section 7600, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=GOV§ionNum=7600.­ (updated Jan. 1, 1975; accessed Jun. 25, 2025).

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Verified:
Jun. 25, 2025

§ 7600's source at ca​.gov