Statute · California Public Utilities Code
Cal. Pub. Util. Code § 99357 — Limited Obligation Bonds
Cal. Pub. Util. Code § 99357
- Type
- Statute
- Source
- California Public Utilities Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
The county may invest funds held in reserve, or in any sinking fund, or funds not required for immediate disbursement, in property or securities in which counties may legally invest funds subject to their control. No such investment shall be made in contravention of any covenant or agreement in…
Citator
Cal. Pub. Util. Code § 99357 — Limited Obligation Bonds is in force in the current edition of the Code, and nothing recorded condemns it.
The county may invest funds held in reserve, or in any sinking fund, or funds not required for immediate disbursement, in property or securities in which counties may legally invest funds subject to their control. No such investment shall be made in contravention of any covenant or agreement in any resolution authorizing the issuance of any outstanding bonds.