ARTICLE 11. Local Agency Investment Fund

Article 11 added by Stats. 1976, Ch. 730.

§§ 16429.1–16429.4 · 4 sections

• § 16429.1 (a) There is in trust in the custody of the Treasurer the Local Agency Investment Fund, which fund is hereby created. The Controller shall maintain a separate…
• § 16429.2 There is created the Local Investment Advisory Board consisting of five members. The chairman shall be the State Treasurer or his or her designated…
• § 16429.3 Moneys placed with the Treasurer for deposit in the Local Agency Investment Fund by cities, counties, special districts, nonprofit corporations, or qualified…
• § 16429.4 The right of a city, county, city and county, special district, nonprofit corporation, or qualified quasi-governmental agency to withdraw its deposited moneys…