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Inventory of the California Districts Securities Commission Records
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The California Districts Securities Commission (CCDS) was created in 1931 and changed with the direction and supervision of the fiscal and physical affairs of irrigation and other agricultural districts organized under the laws of the state (stats. 1931, ch. 1073; in effect Aug. 14, 1931). The CCDS succeeded to the powers and duties of the California Bond Certification Commission (stats. 1921, ch. 706) and an earlier Irrigation District Bond Commission (stats. 1911, ch. 157; stats.1911, 1st Ex. Sess., ch. 3; stats. 1913, ch. 366) which provided for a commission to which the Board of directors of a California irrigation district [UNK] apply in order to have district bonds certified as legal investments for trust funds, [UNK] The CCSC was abolished in 1969 under the Governor's Reorganization Act and its powers and duties transferred to the State Treasurer (stats. 1969, ch. 1369). In 1970 the Treasurer appointed a Districts Securities Advisory Commission and the program became an operational division within the Treasurer's Office in December, 1970.
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