Government Code section 7602

A state agency which is authorized pursuant to Section 22312 of the Education Code and Section 16481 and 20208.5 of the Government Code may enter into security loan agreements with broker-dealers and with any state or national banks for the purpose of prudently supplementing the income normally received from investments.

Source: Section 7602, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=GOV§ionNum=7602.­ (updated Jan. 1, 1982; accessed Jul. 7, 2025).

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Verified:
Jul. 7, 2025

§ 7602's source at ca​.gov