California Statutes
§ 99357. — 99357. (Added by Stats. 1971, Ch. 1400.)
California·Code PUC Public Utilities Code - PUC·Div. 10. DIVISION 10. TRANSIT DISTRICTS·Part 11. PART 11. PROVISIONS APPLICABLE TO ALL PUBLIC TRANSIT·Ch. 4. CHAPTER 4. Transportation Development·Art. 7. ARTICLE 7. Limited Obligation Bonds
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.
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California § 99357. (99357. (Added by Stats. 1971, Ch. 1400.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 1971, Ch. 1400.