California Government Code
§ 6931
GOV § 6931Div. 7 · Title 1 · Ch. 11.5
Statute text
View on leginfo.ca.govEach securities transaction or brokerage agreement carried out for a governmental investor pursuant to a soft dollar and directed brokerage arrangement, as defined in subdivision (b) of Section 6930, shall be executed at the lowest responsible transaction cost available.
Legislative history
Added by Stats. 1990, Ch. 709, Sec. 1.