{"code":"PUC","codeName":"Public Utilities Code","section":"3125","citation":"Pub. Util. Code, § 3125","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 1. REGULATION OF PUBLIC UTILITIES [201. - 3299.100.]","url":"https://blackletter.si/public-utilities-code/division-1"},{"name":"PART 4. PRODUCTION AND TRANSMISSION OF PUBLIC UTILITY COMMODITIES AND SERVICES [3001. - 3255.]","url":"https://blackletter.si/public-utilities-code/division-1/part-4"},{"name":"CHAPTER 1. Gas Producers’ Cooperative Associations [3001. - 3224.]","url":"https://blackletter.si/public-utilities-code/division-1/part-4/chapter-1"},{"name":"ARTICLE 7. Powers [3121. - 3131.]","url":"https://blackletter.si/public-utilities-code/division-1/part-4/chapter-1/article-7"}],"history":"Added by Stats. 1987, Ch. 680, Sec. 1.","effective":null,"html":"<p>An association may establish reserves and invest the funds of the reserves in bonds or in any other property as may be provided in the bylaws.</p>","text":"An association may establish reserves and invest the funds of the reserves in bonds or in any other property as may be provided in the bylaws.","otherVersions":[],"url":"https://blackletter.si/public-utilities-code/powers-3125","source":"California Legislative Information bulk export (pubinfo)"}