Section 7602 Of Article 2. Security Loans From California Government Code >> Division 8. >> Title 1. >> Chapter 1. >> Article 2.

. A state agency which is authorized pursuant to Section 22312 of the Education Code and Sections 16481 and 20208.5 of the Government Code may enter into security loan agreements with broker-dealers and with any state or national banks for the purpose of prudently supplementing the income normally received from investments.