Cal. Government Code § 6591.1
Cal. Government Code § 6591.1
California · California Government Code · Status: effective · Effective 1995-07-31
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- Citation
- Cal. Government Code § 6591.1, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/832396
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Full text
(a) No broker, dealer, municipal securities dealer, or other firm that underwrites a bond issue of an authority shall serve as financial advisor or investment advisor to the authority on decisions relating to the investment of the proceeds of that bond issue.
(b) An authority and its financial advisor shall enter into a written contract prior to the delivery of financial advisory services. The contract shall specify the range of services that will be delivered and the entire compensation to be paid to the financial advisor.