{"code":"GOV","codeName":"Government Code","section":"54551","citation":"Gov. Code, § 54551","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 6. Revenue Bond Law of 1941 [54300. - 54700.]","url":"https://blackletter.si/government-code/title-5/division-2/part-1/chapter-6"},{"name":"ARTICLE 7. Fiscal Agent [54550. - 54552.]","url":"https://blackletter.si/government-code/title-5/division-2/part-1/chapter-6/article-7"}],"history":"Added by Stats. 1949, Ch. 81.","effective":null,"html":"<p>The local agency may:</p><p>(a) Provide for the powers, duties, functions, and compensation of the fiscal agent.</p><p>(b) Limit the liabilities of the fiscal agent.</p><p>(c) Prescribe a method for his resignation and removal, and the merger or consolidation of fiscal agents.</p><p>(d) Prescribe a method for the appointment of a successor fiscal agent and the transfer of rights and properties to the successor.</p>","text":"The local agency may: (a) Provide for the powers, duties, functions, and compensation of the fiscal agent. (b) Limit the liabilities of the fiscal agent. (c) Prescribe a method for his resignation and removal, and the merger or consolidation of fiscal agents. (d) Prescribe a method for the appointment of a successor fiscal agent and the transfer of rights and properties to the successor.","otherVersions":[],"url":"https://blackletter.si/government-code/fiscal-agent-54551","source":"California Legislative Information bulk export (pubinfo)"}