Statute · California Government Code

Cal. Gov't Code § 53603 — Investment of Surplus

Cal. Gov't Code § 53603

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

The legislative body may make the investment by direct purchase of any issue of eligible securities at their original sale or after they have been issued.

Citator

Cal. Gov't Code § 53603 — Investment of Surplus is in force in the current edition of the Code, and nothing recorded condemns it.

The legislative body may make the investment by direct purchase of any issue of eligible securities at their original sale or after they have been issued.