California Government Code 54551 – The local agency may:(a) Provide for the powers, duties, …
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The local agency may:
(a) Provide for the powers, duties, functions, and compensation of the fiscal agent.
Terms Used In California Government Code 54551
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
(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.
(Added by Stats. 1949, Ch. 81.)