California Statutes

§ 5905. — 5905. (Added by Stats. 1986, Ch. 1389, Sec. 1.)

California § 5905.
JurisdictionCalifornia
Code GOVGovernment Code - GOV
Div.6.
Title 1.DIVISION 6. PUBLIC BONDS AND OBLIGATIONS
Ch. 11.CHAPTER 11. Public Financing

This text of California § 5905. (5905. (Added by Stats. 1986, Ch. 1389, Sec. 1.)) 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 § 5905. (2026).

Text

One or more state or local governments may cause to be formed, and may acquire all, but not less than all, of the voting stock in, one or more corporations, not chartered by a state or federal agency as a depository institution, but organized for the purpose of undertaking financing programs approved by each legislative body and found by each legislative body to be of benefit to the state or local government.

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Legislative History

Added by Stats. 1986, Ch. 1389, Sec. 1. Effective September 30, 1986.
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California § 5905., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/GOV/5905..