ARTICLE 1.5. Health Fund Investments

Article 1.5 added by Stats. 1998, Ch. 996, Sec. 7.

§§ 53620–53622 · 3 sections

• § 53620 Notwithstanding Section 53601 or 53635, the governing body of a local agency may invest funds designated for the payment of employee retiree health benefits in…
• § 53621 The authority of the governing body to invest or to reinvest funds intended for the payment of employee retiree health benefits, or to sell or exchange…
• § 53622 (a) Funds intended for the payment of employee retiree health benefits shall only be held for the purpose of providing benefits to participants in the retiree…