Statute · California Health and Safety Code
Cal. Health & Safety Code § 34316 — Powers and Duties of Housing Authorities
Cal. Health & Safety Code § 34316
- Type
- Statute
- Source
- California Health and Safety Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
An authority may:
Citator
Cal. Health & Safety Code § 34316 — Powers and Duties of Housing Authorities is in force in the current edition of the Code, and nothing recorded condemns it.
An authority may:
(a) Invest any money held in reserves or sinking funds, or any money not required for immediate disbursement, in property or securities in which commercial banks may legally invest money subject to their control.
(b) Purchase its bonds at a price not more than their principal amount and accrued interest; all bonds so purchased shall be canceled.