Section 30402 Of Chapter 10. Orange County Financial Control From California Government Code >> Division 3. >> Title 3. >> Chapter 10.
30402
. (a) If a trustee is appointed pursuant to this chapter, all
powers granted to the county board of supervisors, including, but not
limited to, those powers granted by Section 29530.5, shall be
withdrawn and delegated to the trustee. However, the trustee may
provide for the continued exercise of all or specified powers by the
board of supervisors. Further, the trustee shall oversee the pending
case and may exercise the county's right to file a plan of
adjustment.
(b) If at any time, in the discretion of the trustee, after
consultation with (1) the specified county officers and the board of
supervisors, (2) the Official Committee of Unsecured Creditors of the
County of Orange appointed in the pending case, and (3) the Official
Committee of Investment Pool Participants appointed in the
investment pools case, the trustee determines that the continued
exercise of specified powers by the board of supervisors is not
conducive to the most effective action for resolving the pending
case, the trustee shall reassume those powers.
(c) Upon termination of the emergency period specified in
subdivision (g) of Section 30401 all powers otherwise granted to the
board of supervisors shall revert to the board of supervisors.