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California Law (Last Updated: March 4, 2014) |
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Government Code - GOV |
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Title 5. LOCAL AGENCIES |
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Division 2. CITIES, COUNTIES, AND OTHER AGENCIES |
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Part 1. POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIES |
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Chapter 4. Financial Affairs |
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ARTICLE 11.5. Destruction of Bonds Previously Paid and Canceled |
Section 53920.
Latest version.
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As used in this article:
(a) "Local agency" means city, county, or other public or municipal corporation.
(b) "Fiscal agent" means any bank within or without the State which is authorized to pay the principal and interest of bonds of any local agency.
(Added by Stats. 1961, Ch. 116.)