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Public Funds Investments
Bill #: AB 849 Author: Lieber
Version: Amended 1/5/2004 Sponsor: Author
Location: Held in Assembly Banking & Finance Committee Board Position: No position adopted
Bill Text / History / Status
Summary:
Requires state or local agencies that invest public funds with, or purchase financial instruments from, financial institutions to utilize a financial institution that has a specified rating under the federal Community Reinvestment Act.
CalSTRS Analysis:

Not Available


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