Statutes, codes, and regulations
CALIFORNIA CODES
CALIFORNIA GOVERNMENT CODETitle 5 - LOCAL AGENCIESDivision 2 - CITIES, COUNTIES, AND OTHER AGENCIESPart 1 - POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIESChapter 6 - REVENUE BOND LAW OF
Article 7 - FISCAL AGENT
Section 54551 - Power of agency in appointing agent

Cal. Gov. Code § 54551

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Current through the 2023 Legislative Session.
Section 54551 - Power of agency in appointing agent

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.

Ca. Gov. Code § 54551

Added by Stats. 1949, Ch. 81.