Laserfiche WebLink
GOVERNMENT CODE - GOV <br />TITLE 5. LOCAL AGENCIES [50001 - 575501 <br />( Title 5 added by Slats. 1949, Ch. 81. ) <br />DIVISION 2. CITIES, COUNTIES, AND OTHER AGENCIES [53000 - 558211 <br />( Division 2 added by Slats. 1949, Ch. 81. ) <br />PART 1. POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIES <br />[53000 - 54999.71 <br />( Part 1 added by Slats. 1949, Ch. 81. ) <br />CHAPTER 4. Financial Affairs [53600 - 53997] <br />( Chapter 4 added by Slats. 1949, Ch. 81. ) <br />ARTICLE 2. Deposit of Funds [53630 - 53686] <br />(Article 2 added by Slats. 1949, Ch. 81. ) <br />GOVERNMENT CODE <br />SECTION <br />53630. <br />As used in this article: <br />(a) "Local agency' means county, city, city and county, including a chartered city or county, a community <br />college district, orother public agency orcorporation in this state. <br />(b) "Treasurer" means treasurer of the local agency. <br />(c) "Depository" means a state or national bank, savings association orfederal association, a state orfederal <br />credit union, or a federally insured industrial loan company, in this state in which the moneys of a local <br />agency are deposited. <br />(d) "Agent of depository' means a trust company ortrust department of a state or national bank located in <br />this state, including the trust department of a depository where authorized, and the Federal Home Loan <br />Bank of San Francisco, which is authorized to act as an agent of depository for the purposes of this article <br />pursuant to Section 53657. <br />(e) "Security" means any of the eligible securities orobligations listed in Section 53651. <br />(f) "Pooled securities" means eligible securities held by an agent of depository for a depository and securing <br />deposits of one or more local agencies. <br />(g) "Administrator' means the Administrator of Local Agency Security of the State of California <br />(h) "Savings association or federal association' means a savings association, savings and loan association, <br />or savings bank as defined by Section 5102 of the Financial Code. <br />(i) "Federally insured industrial loan company' means an industrial loan company licensed under Division 7 <br />(commencing with Section 18000) of the Financial Code, the investment certificates of which are insured by <br />the Federal Deposit Insurance Corporation. <br />Q) "Corporation" includes a limited liability company. <br />(Amended by Slats. 2004, Ch. 118, Sec. 19.7. Effective January 1, 2005). <br />City of Santa - Annual Page 29 <br />Statement of Investment Policy <br />July 1, 2020 - <br />June 30, 2021 <br />55A-35 <br />