Cal. Gov. Code § 6931

Current through the 2024 Legislative Session.

Section 6931 - Transaction or agreement executed at lowest transaction cost

Each securities transaction or brokerage agreement carried out for a governmental investor pursuant to a soft dollar and directed brokerage arrangement, as defined in subdivision (b) of Section 6930, shall be executed at the lowest responsible transaction cost available.

Ca. Gov. Code § 6931

Added by Stats. 1990, Ch. 709, Sec. 1.