Statute · California Government Code
Cal. Gov't Code § 53601.1 — Investment of Surplus
Cal. Gov't Code § 53601.1
- Type
- Statute
- Source
- California Government Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
The authority of a local agency to invest funds pursuant to Section 53601 includes, in addition thereto, authority to invest in financial futures or financial option contracts in any of the investment categories enumerated in that section.
Citator
Cal. Gov't Code § 53601.1 — Investment of Surplus is in force in the current edition of the Code, and nothing recorded condemns it.
The authority of a local agency to invest funds pursuant to Section 53601 includes, in addition thereto, authority to invest in financial futures or financial option contracts in any of the investment categories enumerated in that section.