Home/California/Statutes/Code GOV: Government Code - GOV/Div.: 1./Title 5.: DIVISION 1. CITIES AND COUNTIES/Part 1.: PART 1. POWERS AND DUTIES COMMON TO CITIES AND COUNTIES/Ch. 3.: CHAPTER 3. Bonds/Art. 4.: ARTICLE 4. Limited Obligation Bonds/§ 50668.8.
California Statutes

§ 50668.8. — 50668.8. (Added by Stats. 1985, Ch. 320, Sec. 2.)

California·Code GOV Government Code - GOV·Div. 1.·Title 5. DIVISION 1. CITIES AND COUNTIES·Part 1. PART 1. POWERS AND DUTIES COMMON TO CITIES AND COUNTIES·Ch. 3. CHAPTER 3. Bonds·Art. 4. ARTICLE 4. Limited Obligation Bonds
The local agency may invest funds held in reserve, or in any sinking fund, or funds not required for immediate disbursement, in property or securities in which the local agency may legally invest funds subject to its control. No such investment shall be made in contravention of any covenant or agreement in any resolution authorizing the issuance of any outstanding bonds.

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California § 50668.8. (50668.8. (Added by Stats. 1985, Ch. 320, Sec. 2.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Added by Stats. 1985, Ch. 320, Sec. 2.

Nearby Sections

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§ 50668.
50668. (Added by Stats. 1985, Ch. 320, Sec. 2.)
§ 50668.1.
50668.1. (Added by Stats. 1985, Ch. 320, Sec. 2.)
§ 50668.2.
50668.2. (Added by Stats. 1985, Ch. 320, Sec. 2.)
§ 50668.3.
50668.3. (Added by Stats. 1985, Ch. 320, Sec. 2.)
§ 50668.4.
50668.4. (Amended by Stats. 1985, Ch. 1199, Sec. 1.)
§ 50668.5.
50668.5. (Added by Stats. 1985, Ch. 320, Sec. 2.)
§ 50668.6.
50668.6. (Added by Stats. 1985, Ch. 320, Sec. 2.)
§ 50668.7.
50668.7. (Added by Stats. 1985, Ch. 320, Sec. 2.)
§ 50668.8.
50668.8. (Added by Stats. 1985, Ch. 320, Sec. 2.)
§ 50668.9.
50668.9. (Added by Stats. 1985, Ch. 320, Sec. 2.)
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