Section 7600 Of Article 1. General From California Government Code >> Division 8. >> Title 1. >> Chapter 1. >> Article 1.

. It is the intent of the Legislature that:
  (a) Specified state agencies be authorized to invest marketable securities by entering into security loan agreements;
  (b) State agencies charged with such authority exercise prudence in making such agreements;
  (c) Sound fiscal management be established with respect to transactions involving security agreements.