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. 4.: CHAPTER 4. Financial Affairs/Art. 1.: ARTICLE 1. Investment of Surplus/§ 53602.
California Statutes

§ 53602. — 53602. (Amended by Stats. 1954, 1st Ex. Sess., Ch. 10.)

California § 53602.
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. 4.CHAPTER 4. Financial Affairs
Art. 1.ARTICLE 1. Investment of Surplus

This text of California § 53602. (53602. (Amended by Stats. 1954, 1st Ex. Sess., Ch. 10.)) 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 § 53602. (2026).

Text

The legislative body shall invest only in notes, bonds, bills, certificates of indebtedness, warrants, or registered warrants which are legal investments for savings banks in the State, provided, that the board of supervisors of a county may, by a four-fifths vote thereof, invest in notes, warrants or other evidences of indebtedness of public districts wholly or partly within the county, whether or not such notes, warrants, or other evidences of indebtedness are legal investments for savings banks.

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Legislative History

Amended by Stats. 1954, 1st Ex. Sess., Ch. 10.
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California § 53602., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/GOV/53602..