Statute · California Government Code
Cal. Gov't Code § 53620 — Health Fund Investments
Cal. Gov't Code § 53620
- Type
- Statute
- Source
- California Government Code
- Jurisdiction
- California
- Date
- 1999-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
Notwithstanding Section 53601 or 53635, the governing body of a local agency may invest funds designated for the payment of employee retiree health benefits in any form or type of investment deemed prudent by the governing body pursuant to Section 53622.
Citator
Cal. Gov't Code § 53620 — Health Fund Investments is in force in the current edition of the Code, and nothing recorded condemns it.
Notwithstanding Section 53601 or 53635, the governing body of a local agency may invest funds designated for the payment of employee retiree health benefits in any form or type of investment deemed prudent by the governing body pursuant to Section 53622.