Section 53995 Of Article 19. Obligation Of Contract From California Government Code >> Division 2. >> Title 5. >> Part 1. >> Chapter 4. >> Article 19.
53995
. As used in this article:
(a) "Financial transaction" means any agreement or arrangement
entered into between a local agency or the treasurer of a local
agency and any party or parties for the performance of required
financial services or duties by either the local agency or the other
party or parties, or both. "Financial transaction" includes, but is
not limited to, financial affairs of a local agency, as provided in
Chapter 3 (commencing with Section 53400 and Chapter 4 (commencing
with Section 53600)).
(b) "Legislative body" means the elected or appointed governing
body or authority of a local agency.
(c) "Local agency" means a city, county, city and county,
including a chartered city, county, or city and county, redevelopment
agency, special district, school district, community college
district, county board of education, county superintendent of
schools, or any agency of the state formed for the local performance
of governmental or proprietary functions within limited boundaries.
(d) "Obligation of contract" has the same meaning and shall be
subject to the same interpretation as "obligation of contract" has in
Section 9 of Article I of the Constitution.
(e) "Treasurer" means the treasurer of the local agency.