Home/California/Statutes/Code GOV: Government Code - GOV/Div.: 2./Title 5.: DIVISION 2. CITIES, COUNTIES, AND OTHER AGENCIES/Part 1.: PART 1. POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIES/Ch. 4.: CHAPTER 4. Financial Affairs/Art. 1.5.: ARTICLE 1.5. Health Fund Investments/§ 53620.
California Statutes

§ 53620. — 53620. (Added by Stats. 1998, Ch. 996, Sec. 7.)

California § 53620.
JurisdictionCalifornia
Code GOVGovernment Code - GOV
Div.2.
Title 5.DIVISION 2. CITIES, COUNTIES, AND OTHER AGENCIES
Part 1.PART 1. POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIES
Ch. 4.CHAPTER 4. Financial Affairs
Art. 1.5.ARTICLE 1.5. Health Fund Investments

This text of California § 53620. (53620. (Added by Stats. 1998, Ch. 996, Sec. 7.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Cal. Government Code - GOV Code § 53620. (2026).

Text

Notwithstanding Section 53601 or 53635, the governing body of a local agency may invest funds designated for the payment of employee retiree health benefits in any form or type of investment deemed prudent by the governing body pursuant to Section 53622.

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Legislative History

Added by Stats. 1998, Ch. 996, Sec. 7. Effective January 1, 1999.
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California § 53620., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/GOV/53620..