California Legal Codes and Statutes

§ 53600.6

Added by Stats. 1995, Ch. 784, Sec. 13. Effective January 1, 1996.

The Legislature hereby finds that the solvency and creditworthiness of each individual local agency can impact the solvency and creditworthiness of the state and other local agencies within the state. Therefore, to protect the solvency and creditworthiness of the state and all of its political subdivisions, the Legislature hereby declares that the deposit and investment of public funds by local officials and local agencies is an issue of statewide concern.

Cite this section

Cal. Gov. Code § 53600.6 (2026)
https://ca.codecond.com/codes/gov/title-5-local-agencies/division-2-cities-counties-and-other-agencies/part-1-powers-and-duties-common-to-cities-counties-and-other-agencies/chapter-4-financial-affairs/article-1-investment-of-surplus/section-53600.6

Other sections in Article 1 - Investment of Surplus

§ 53600§ 53600.3§ 53600.5§ 53600.6§ 53601.1§ 53601.2§ 53601.5§ 53602§ 53603§ 53604§ 53605§ 53606§ 53607§ 53608§ 53609§ 53610

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