Earlier editions: 2020-112018-11
TITLE 1. GENERAL 100-7931.000›DIVISION 8. SECURITIES OWNED BY STATE AGENCIES 7600-7605›CHAPTER 1. Investment of Securities Owned by State Agencies 7600-7605›ARTICLE 2. Security Loans 7602-7605
§ 7602
California Government Code · 2026-10 edition · updated 2026-10-04 · California
A state agency which is authorized pursuant to Section 22312 of the Education Code and Sections 16481 and 20208.5 of the Government Code may enter into security loan agreements with broker-dealers and with any state or national banks for the purpose of prudently supplementing the income normally received from investments.
(Amended by Stats. 1982, Ch. 1194, Sec. 3.)
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