GroundRules
GOV § 53859
Where this section sits in the code
- Government Code - GOV
- TITLE 5. LOCAL AGENCIES [50001. - 57607.]
- DIVISION 2. CITIES, COUNTIES, AND OTHER AGENCIES [53000. - 55821.]
- PART 1. POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIES [53000. - 54999.7.]
- CHAPTER 4. Financial Affairs [53600. - 53997.]
- ARTICLE 7.7. Grant Anticipation Notes [53859. - 53859.08.]
As used in this article: (a) “local agency” means county, city and county, city, school district, community college district, or any other municipal or public corporation or district.
(b) “Grant anticipation note” means a note issued upon the security of specified accounts receivable from state or federal governments, including, without limitation, grants, loans, or a combination of both, for which funds have been appropriated and committed to a local agency.
(c) “Loan” includes, but is not limited to, a borrowing by a local agency represented or to be represented by bonds of a local agency.
Collected 2026-09-14T05:56:33Z. Source file · JSON