{"data":{"id":"us-ca/gov-53635.7","jurisdiction":"us-ca","citation":"GOV § 53635.7","heading":"","body":"In making any decision that involves borrowing in the amount of one hundred thousand dollars ($100,000) or more, the legislative body of the local agency shall discuss, consider, and deliberate each decision as a separate item of business on the agenda of its meeting as prescribed in Chapter 9 (commencing with Section 54950). As used in this section, “borrowing” does not include bank overdrafts or security lending.","path":["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 2. Deposit of Funds [53630. - 53686.]"],"source_url":"https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zip","current_through":"2026-09-13","vintage":"","retrieved_at":"2026-09-14T05:56:33Z","sha256":"fd724f4c959dfd8de48279abcf9051972acb7fdf4636574fea8829a84c5ab46d","source_id":"us-ca","stale":false,"prev":"us-ca/gov-53635.2","next":"us-ca/gov-53635.8"},"notice":"GroundRules: Original legal text. Not legal advice."}