California § 6591.1. 6591.1. (Added by Stats. 1995, Ch. 229, Sec. 5.)

California Statutes

§ 6591.1. — 6591.1. (Added by Stats. 1995, Ch. 229, Sec. 5.)

California § 6591.1.

JurisdictionCalifornia

Code GOVGovernment Code - GOV

Div.7.

Title 1.DIVISION 7. MISCELLANEOUS

Ch. 5.CHAPTER 5. Joint Exercise of Powers

Art. 4.ARTICLE 4. Local Bond Pooling

This text of California § 6591.1. (6591.1. (Added by Stats. 1995, Ch. 229, Sec. 5.)) 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 § 6591.1. (2026).

Text

(a)No broker, dealer, municipal securities dealer, or other firm that underwrites a bond issue of an authority shall serve as financial advisor or investment advisor to the authority on decisions relating to the investment of the proceeds of that bond issue.

(b)An authority and its financial advisor shall enter into a written contract prior to the delivery of financial advisory services. The contract shall specify the range of services that will be delivered and the entire compensation to be paid to the financial advisor.

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(a)
No broker, dealer, municipal securities dealer, or other firm that underwrites a bond issue of an authority shall serve as financial advisor or investment advisor to the authority on decisions relating to the investment of the proceeds of that bond issue.
(b)
An authority and its financial advisor shall enter into a written contract prior to the delivery of financial advisory services. The contract shall specify the range of services that will be delivered and the entire compensation to be paid to the financial advisor.