Cal. Pub. Util. Code § 99357

Current through the 2023 Legislative Session.
Section 99357 - Investment of funds held in reserve

The county may invest funds held in reserve, or in any sinking fund, or funds not required for immediate disbursement, in property or securities in which counties may legally invest funds subject to their control. No such investment shall be made in contravention of any covenant or agreement in any resolution authorizing the issuance of any outstanding bonds.

Ca. Pub. Util. Code § 99357

Added by Stats. 1971, Ch. 1400.