Gov. Code, § 54551 · Article 7. Fiscal Agent
Gov. Code, § 54551
Verbatim from the official edition
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
The local agency may:
(a) Provide for the powers, duties, functions, and compensation of the fiscal agent.
(b) Limit the liabilities of the fiscal agent.
(c) Prescribe a method for his resignation and removal, and the merger or consolidation of fiscal agents.
(d) Prescribe a method for the appointment of a successor fiscal agent and the transfer of rights and properties to the successor.
Notes and commentary — not statutory text
History
Added by Stats. 1949, Ch. 81.
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=54551.
- Text hash
- sha256 b0acbef6261805769c52d2857fa25a82bcf8d1cc85d95a257c83e7ef4c78116f
- 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
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.