Cal. Gov. Code § 7600

Current through the 2023 Legislative Session.

Section 7600 - Legislative intent

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.

Ca. Gov. Code § 7600

Added by Stats. 1975, Ch. 1214.