Section 53920 Of Article 11.5. Destruction Of Bonds Previously Paid And Canceled From California Government Code >> Division 2. >> Title 5. >> Part 1. >> Chapter 4. >> Article 11.5.

. As used in this article:
  (a) "Local agency" means city, county, or other public or municipal corporation.
  (b) "Fiscal agent" means any bank within or without the State which is authorized to pay the principal and interest of bonds of any local agency.