Statute · California Government Code
Cal. Gov't Code § 53821.5 — Temporary Borrowing
Cal. Gov't Code § 53821.5
- Type
- Statute
- Source
- California Government Code
- Jurisdiction
- California
- Date
- 1996-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
Proceeds of sales or funds set aside for the repayment of any notes issued pursuant to this article shall not be invested for a term that exceeds the term of the notes.
Citator
Cal. Gov't Code § 53821.5 — Temporary Borrowing is in force in the current edition of the Code, and nothing recorded condemns it.
Proceeds of sales or funds set aside for the repayment of any notes issued pursuant to this article shall not be invested for a term that exceeds the term of the notes.