BlackletterCalifornia law

Government Code § 16429.4

ARTICLE 11. Local Agency Investment Fund

Current as of September 28, 2026Gov. Code, § 16429.4Official source ↗

Added by Stats. 2002, Ch. 761, Sec. 4. Effective September 21, 2002.

The right of a city, county, city and county, special district, nonprofit corporation, or qualified quasi-governmental agency to withdraw its deposited moneys from the Local Agency Investment Fund, upon demand, may not be altered, impaired, or denied, in any way, by any state official or state agency based upon the state’s failure to adopt a State Budget by July 1 of each new fiscal year.