{"data":{"id":"us-ca/gov-53760","jurisdiction":"us-ca","citation":"GOV § 53760","heading":"","body":"A local public entity in this state may file a petition and exercise powers pursuant to applicable federal bankruptcy law if either of the following apply:\n(a) The local public entity has participated in a neutral evaluation process pursuant to Section 53760.3.\n(b) The local public entity declares a fiscal emergency and adopts a resolution by a majority vote of the governing board pursuant to Section 53760.5.","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 5. Bankruptcy [53760. - 53760.9.]"],"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":"b2ddd9fcb638661c600cf41d5046da10f83b8034222db7c2c8c1c186664cd6b0","source_id":"us-ca","stale":false,"prev":"us-ca/gov-53759.2","next":"us-ca/gov-53760.1"},"notice":"GroundRules: Original legal text. Not legal advice."}