Gov. Code, § 53844 · Article 7.5. Alternate Procedure for Temporary Borrowing
Gov. Code, § 53844
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
In any county which qualifies as set forth in Section 53840 to use the foregoing procedure for short-term financing, all interest payments on the loans may, in the discretion of the board of supervisors, be charged to the general fund of any district or fund for which loans have been made. All interest earned on funds in the county treasury shall be credited to said general fund of the county, excepting therefrom the interest on deposits of school districts which shall accrue to the general funds of the respective school districts, the interest earned on specific investments of a local agency as authorized by Section 53601 of this code or by Section 5007 of the Education Code, and moneys on deposit in court in eminent domain actions pursuant to Article 1 (commencing with Section 1255.010) of Chapter 6 of, or Article 2 (commencing with Section 1268.110) of Chapter 11 of, Title 7 of Part 3 of the Code of Civil Procedure.
Notes and commentary — not statutory text
History
Amended by Stats. 1975, Ch. 1240.
Source of truth
- Edition
- As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
- Official file
- https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=GOV§ionNum=53844.
- Text hash
- sha256 c22e7e250559392c7533510cb1ca20ae03e57cbf1639810ab5f0bd1f87b13ca0
- Composed by
- compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Code of Civil Procedure
- Code Civ. Proc., pt. 3, tit. 7, ch. 6, art. 1Deposit of Probable CompensationPrinted as Article 1 (commencing with Section 1255.010) of Chapter 6 … Title 7 of Part 3 of the Code of Civil Procedure
- Code Civ. Proc., pt. 3, tit. 7, ch. 11, art. 2Deposit and Withdrawal of AwardPrinted as Article 2 (commencing with Section 1268.110) of Chapter 11 … Title 7 of Part 3 of the Code of Civil Procedure
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.