ARTICLE 6. County Treasury Oversight Committees
Article 6 added by Stats. 1995, Ch. 784, Sec. 10.
§§ 27130–27137 · 12 sections
- § 27130 The Legislature finds and declares that local agencies, including school districts, should participate in reviewing the policies that guide the investment of…
- § 27131 (a) The board of supervisors in each county or city and county may, if the county or city and county is investing surplus funds, establish a county treasury…
- § 27132 The county treasury oversight committee, pursuant to Section 27131, shall consist of members appointed from the following: (a) The county treasurer. (b) The…
- § 27132.1 A member may not be employed by an entity that has (a) contributed to the campaign of a candidate for the office of local treasurer, or (b) contributed to the…
- § 27132.2 A member may not directly or indirectly raise money for a candidate for local treasurer or a member of the governing board of any local agency that has…
- § 27132.3 A member may not secure employment with, or be employed by, bond underwriters, bond counsel, security brokerages or dealers, or financial services firms, with…
- § 27132.4 Committee meetings shall be open to the public and subject to the Ralph M. Brown Act (Chapter 9 (commencing with Section 54950) of Part 1 of Division 2 of…
- § 27133 In any county that establishes a county treasury oversight committee pursuant to this article, the county treasurer shall annually prepare an investment policy…
- § 27134 The county treasury oversight committee shall cause an annual audit to be conducted to determine the county treasury’s compliance with this article. The audit…
- § 27135 The costs of complying with this article shall be county charges and may be included with those charges enumerated under Section 27013.
- § 27136 (a) Notwithstanding any other provision of law, any local agency, public agency, public entity, or public official that has funds on deposit in the county…
- § 27137 Nothing in this article shall be construed to allow the county treasury oversight committee to direct individual investment decisions, select individual…