Statute · California Government Code
Cal. Gov't Code § 53621 — Health Fund Investments
Cal. Gov't Code § 53621
- Type
- Statute
- Source
- California Government Code
- Jurisdiction
- California
- Date
- 1999-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
The authority of the governing body to invest or to reinvest funds intended for the payment of employee retiree health benefits, or to sell or exchange securities purchased for that purpose, may be delegated by the governing body to designated officers.
Citator
Cal. Gov't Code § 53621 — Health Fund Investments is in force in the current edition of the Code, and nothing recorded condemns it.
The authority of the governing body to invest or to reinvest funds intended for the payment of employee retiree health benefits, or to sell or exchange securities purchased for that purpose, may be delegated by the governing body to designated officers.