Statute · California Government Code
Cal. Gov't Code § 53605 — Investment of Surplus
Cal. Gov't Code § 53605
- Type
- Statute
- Source
- California Government Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
From time to time, the legislative body shall sell the securities so that the proceeds may be applied to the purposes for which the original purchase money was placed in the sinking fund or the treasury of the local agency.
Citator
Cal. Gov't Code § 53605 — Investment of Surplus is in force in the current edition of the Code, and nothing recorded condemns it.
From time to time, the legislative body shall sell the securities so that the proceeds may be applied to the purposes for which the original purchase money was placed in the sinking fund or the treasury of the local agency.