Home/California/Statutes/Code GOV: Government Code - GOV/Div.: 2./Title 5.: DIVISION 2. CITIES, COUNTIES, AND OTHER AGENCIES/Part 1.: PART 1. POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIES/Ch. 3.: CHAPTER 3. Bonds/Art. 9.: ARTICLE 9. Refunding of Bonded Indebtedness of Local Agencies/§ 53557.
California Statutes

§ 53557. — 53557. (Added by Stats. 1972, Ch. 531.)

California § 53557.
JurisdictionCalifornia
Code GOVGovernment Code - GOV
Div.2.
Title 5.DIVISION 2. CITIES, COUNTIES, AND OTHER AGENCIES
Part 1.PART 1. POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIES
Ch. 3.CHAPTER 3. Bonds
Art. 9.ARTICLE 9. Refunding of Bonded Indebtedness of Local Agencies

This text of California § 53557. (53557. (Added by Stats. 1972, Ch. 531.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Cal. Government Code - GOV Code § 53557. (2026).

Text

Any proceeds of sale of any refunding bonds may be deposited in escrow or trust with any bank or trust company within or without the state, or both within and without the state, and shall be secured in accordance with the laws applicable to funds of the local agency and may (along with any other moneys available for that purpose similarly deposited) be invested or reinvested in federal securities.

Free access — add to your briefcase to read the full text and ask questions with AI

Legislative History

Added by Stats. 1972, Ch. 531.
View on official source ↗

Cite This Page — Counsel Stack

Bluebook (online)
California § 53557., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/GOV/53557..