{"code":"PUC","codeName":"Public Utilities Code","section":"50206","citation":"Pub. Util. Code, § 50206","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 10. TRANSIT DISTRICTS [24501. - 107025.]","url":"https://blackletter.si/public-utilities-code/division-10"},{"name":"PART 5. SAN JOAQUIN REGIONAL TRANSIT DISTRICT [50000. - 50507.]","url":"https://blackletter.si/public-utilities-code/division-10/part-5"},{"name":"CHAPTER 6. Powers and Functions of District [50160. - 50220.]","url":"https://blackletter.si/public-utilities-code/division-10/part-5/chapter-6"},{"name":"ARTICLE 7. Investments [50205. - 50208.]","url":"https://blackletter.si/public-utilities-code/division-10/part-5/chapter-6/article-7"}],"history":"Amended by Stats. 2024, Ch. 216, Sec. 3.   (AB 1853)   Effective January 1, 2025.","effective":"2025-01-01","html":"<p>The investment of surplus money may be made by direct purchase of investments at the original sale or by the subsequent investments in the secondary market.</p>","text":"The investment of surplus money may be made by direct purchase of investments at the original sale or by the subsequent investments in the secondary market.","otherVersions":[],"url":"https://blackletter.si/public-utilities-code/investments-50206","source":"California Legislative Information bulk export (pubinfo)"}