Statute · California Government Code

Cal. Gov't Code § 16480.2 — Treasury Pooled Money Investments

Cal. Gov't Code § 16480.2

Type
Statute
Source
California Government Code
Jurisdiction
California
Current through
Nov 2, 2026 (California Legislative Counsel)

It is the intent of this article that money available for investment or deposit be invested in securities or deposited in banks and savings and loan associations in such a way as to realize the maximum return consistent with safe and prudent treasury management.

Citator

Cal. Gov't Code § 16480.2 — Treasury Pooled Money Investments is in force in the current edition of the Code, and nothing recorded condemns it.

It is the intent of this article that money available for investment or deposit be invested in securities or deposited in banks and savings and loan associations in such a way as to realize the maximum return consistent with safe and prudent treasury management.