California Legal Codes and Statutes

§ 53683

Amended by Stats. 1976, Ch. 723.

Notwithstanding any other provision in this article, the consideration payable by the agency as specified in subdivision (e) of Section 53682 shall be paid by the treasurer by applying such consideration as costs applied on a pro rata basis against the interest earned by all the agencies for which the treasurer invests.

Cite this section

Cal. Gov. Code § 53683 (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-2-deposit-of-funds/section-53683

Other sections in Article 2 - Deposit of Funds

§ 53630§ 53630.1§ 53630.5§ 53631§ 53632§ 53632.5§ 53633§ 53634§ 53635§ 53635.2…§ 53676§ 53678§ 53679§ 53679.1§ 53680§ 53681§ 53682§ 53683§ 53684§ 53686

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