{"code":"GOV","codeName":"Government Code","section":"53859","citation":"Gov. Code, § 53859","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"TITLE 5. LOCAL AGENCIES [50001. - 57607.]","url":"https://blackletter.si/government-code/title-5"},{"name":"DIVISION 2. CITIES, COUNTIES, AND OTHER AGENCIES [53000. - 55821.]","url":"https://blackletter.si/government-code/title-5/division-2"},{"name":"PART 1. POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIES [53000. - 54999.7.]","url":"https://blackletter.si/government-code/title-5/division-2/part-1"},{"name":"CHAPTER 4. Financial Affairs [53600. - 53997.]","url":"https://blackletter.si/government-code/title-5/division-2/part-1/chapter-4"},{"name":"ARTICLE 7.7. Grant Anticipation Notes [53859. - 53859.08.]","url":"https://blackletter.si/government-code/title-5/division-2/part-1/chapter-4/article-7.7"}],"history":"Amended by Stats. 1978, Ch. 637.","effective":null,"html":"<p>As used in this article: (a) “local agency” means county, city and county, city, school district, community college district, or any other municipal or public corporation or district.</p><p>(b) “Grant anticipation note” means a note issued upon the security of specified accounts receivable from state or federal governments, including, without limitation, grants, loans, or a combination of both, for which funds have been appropriated and committed to a local agency.</p><p>(c) “Loan” includes, but is not limited to, a borrowing by a local agency represented or to be represented by bonds of a local agency.</p>","text":"As used in this article: (a) “local agency” means county, city and county, city, school district, community college district, or any other municipal or public corporation or district. (b) “Grant anticipation note” means a note issued upon the security of specified accounts receivable from state or federal governments, including, without limitation, grants, loans, or a combination of both, for which funds have been appropriated and committed to a local agency. (c) “Loan” includes, but is not limited to, a borrowing by a local agency represented or to be represented by bonds of a local agency.","otherVersions":[],"url":"https://blackletter.si/government-code/grant-anticipation-notes-53859","source":"California Legislative Information bulk export (pubinfo)"}