BlackletterCalifornia law

Government Code § 54551

ARTICLE 7. Fiscal Agent

Current as of September 28, 2026Gov. Code, § 54551Official source ↗

Added by Stats. 1949, Ch. 81.

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.