§ 7602
50 words·~1 min read·
/ca/government-code/7602A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A state agency which is authorized pursuant to Section 22312 of the Education Code and Sections 16481 and 20208.5 of the Government Code may enter into security loan agreements with broker-dealers and with any state or national banks for the purpose of prudently supplementing the income normally received from investments.