California Legal Codes and Statutes

§ 53920

Added by Stats. 1961, Ch. 116.

As used in this article:

(a)“Local agency” means city, county, or other public or municipal corporation.
(b)“Fiscal agent” means any bank within or without the State which is authorized to pay the principal and interest of bonds of any local agency.

Cite this section

Cal. Gov. Code § 53920 (2026)
https://ca.codecond.com/codes/gov/title-5-local-agencies/division-2-cities-counties-and-other-agencies/part-1-powers-and-duties-common-to-cities-counties-and-other-agencies/chapter-4-financial-affairs/article-11-5-destruction-of-bonds-previously-paid-and-canceled/section-53920

Other sections in Article 11.5 - Destruction of Bonds Previously Paid and Canceled

§ 53920§ 53921

This content is for reference, learning, and study purposes only. All legal text should be verified against the official California Legislative Information website, which is the authoritative source for California law. Data last processed: February 15, 2026.