Laserfiche WebLink
CITY OF SANTA ANA STATEMENT OF INVESTMENT POLICY <br />JULY 1, 2016 — JUNE 30, 2017 <br />Page 18 <br />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 <br />AGENCIES [53000 - 54999.7] <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, or other public agency or corporation in this state. <br />(b) "Treasurer' means treasurer of the local agency. <br />(c) "Depository" means a state or national bank, savings association or federal association, a state or <br />federal credit union, or a federally insured industrial loan company, in this state in which the moneys of a <br />local agency are deposited. <br />(d) "Agent of depository" means a trust company or trust 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 or obligations 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 />55C -28 <br />