California Statutes

§ 101230. — 101230. (Added by Stats. 1971, Ch. 1161.)

California·Code PUC Public Utilities Code - PUC·Div. 10. DIVISION 10. TRANSIT DISTRICTS·Part 13. PART 13. GOLDEN EMPIRE TRANSIT DISTRICT·Ch. 6. CHAPTER 6. General Financial Provisions·Art. 3. ARTICLE 3. Investments

The district may invest any surplus money in its treasury, including money in any sinking fund, in any of the following:

(a)Its own bonds.
(b)Treasury notes, certificates of indebtedness, bills, bonds of the United States, or any other evidence of indebtedness secured by the full faith and credit of the United States.
(c)Obligations issued pursuant to the Federal Home Loan Bank Act or the National Housing Act.
(d)Treasury notes or bonds of this state, or of any public corporation, municipal corporation, public district, or political subdivision within this state which are legal as security for the deposit of public funds.

Free access — add to your briefcase to read the full text and ask questions with AI

California § 101230. (101230. (Added by Stats. 1971, Ch. 1161.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Added by Stats. 1971, Ch. 1161.
View on official source ↗