California Statutes

§ 12365.6. — 12365.6. (Added by Stats. 1981, Ch. 484, Sec. 1.)

California § 12365.6.
JurisdictionCalifornia
Code PUCPublic Utilities Code - PUC
Div. 6.DIVISION 6. MUNICIPAL UTILITY DISTRICT ACT
Ch. 5.CHAPTER 5. Retirement System
Art. 3.ARTICLE 3. Retirement Board

This text of California § 12365.6. (12365.6. (Added by Stats. 1981, Ch. 484, Sec. 1.)) 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. Public Utilities Code - PUC Code § 12365.6. (2026).

Text

In addition to such other investments that are authorized by this article, the retirement board may, in its discretion, invest the assets of the retirement fund in deeds of trust and mortgages. Investments made under this section shall not exceed, in the aggregate, an amount equal to 25 percent of the assets of the system.

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Legislative History

Added by Stats. 1981, Ch. 484, Sec. 1.

Nearby Sections

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California § 12365.6., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/PUC/12365.6..