California Government Code
§ 53760
GOV § 53760 Effective Jan 1, 2012Div. 2 · Title 5 · Part 1 · Ch. 4 · Art. 5
Statute text
View on leginfo.ca.govA local public entity in this state may file a petition and exercise powers pursuant to applicable federal bankruptcy law if either of the following apply:(a) The local public entity has participated in a neutral evaluation process pursuant to Section 53760.3.
(b)The local public entity declares a fiscal emergency and adopts a resolution by a majority vote of the governing board pursuant to Section 53760.5.
Legislative history
Amended by Stats. 2011, Ch. 675, Sec. 2. (AB 506) Effective January 1, 2012.