California Law (Last Updated: March 4, 2014) |
Government Code - GOV |
Title 1. GENERAL |
Division 8. SECURITIES OWNED BY STATE AGENCIES |
Chapter 1. Investment of Securities Owned by State Agencies |
ARTICLE 2. Security Loans |
Section 7605.
Latest version.
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Each state agency which enters into security loan agreements shall (a) maintain detailed records of all security loans, (b) develop controls and reports to monitor the conduct of the transactions, and (c) publicize the net results of the security loan transaction separate from the results of other investment activities.
(Added by Stats. 1975, Ch. 1214.)