California Statutes
§ 7600. — 7600. (Added by Stats. 1975, Ch. 1214.)
California·Code GOV Government Code - GOV·Div. 8.·Title 1. DIVISION 8. SECURITIES OWNED BY STATE AGENCIES·Ch. 1. CHAPTER 1. Investment of Securities Owned by State Agencies·Art. 1. ARTICLE 1. General
It is the intent of the Legislature that:
(a)Specified state agencies be authorized to invest marketable securities by entering into security loan agreements;
(b)State agencies charged with such authority exercise prudence in making such agreements;
(c)Sound fiscal management be established with respect to transactions involving security agreements.
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California § 7600. (7600. (Added by Stats. 1975, Ch. 1214.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 1975, Ch. 1214.