Assembly constitutional amendment 46. Amends Section 16 ½ of Article XI of Constitution by extending to any political subdivision, the provisions permitting the deposit in banks of this state of moneys belonging to or in the custody of the state or any political subdivision.
Popular Vote Results
Y: 515412; A: 64.8; N: 279830; B: 35.2
Assembly Constitutional Amendment
Code Sections Affected
Amended Cal. Const. art. XI, section 16 1/2.
Chester M. Kline, Assemblyman Seventy-seventh District; C. C. Spalding, Assemblyman Forty-fifth District
Frank W. Anderson, Assemblyman Thirty-ninth District, Speaker pro tempore
DEPOSIT OF PUBLIC MONEYS California Proposition 3 (1924).