ARTICLE 4.5. Treasury Pooled Money Investments
Article 4.5 added by Stats. 1955, Ch. 1703.
§§ 16480–16482 · 16 sections
- § 16480 All state money held by the State Treasurer in treasury trust accounts, and all money in the State Treasury, except money in the Unemployment Compensation…
- § 16480.1 There is hereby created a Pooled Money Investment Board, which shall consist of the Controller, Treasurer and Director of Finance. The Pooled Money Investment…
- § 16480.2 It is the intent of this article that money available for investment or deposit be invested in securities or deposited in banks and savings and loan…
- § 16480.3 Immediately after designations described in Section 16480.1, the Treasurer shall invest or make deposits in banks and savings and loan associations in…
- § 16480.35 It is the intent of the Legislature that the Pooled Money Investment Board, in administering its investment program, shall give due regard to assisting such…
- § 16480.4 (a) Amounts available for investment under this article may be invested and reinvested by the State Treasurer in any securities described in Section 16430 of…
- § 16480.45 In addition to any other investment authorized by this article, the Treasurer may invest in Property Assessed Clean Energy (PACE) bonds, as defined in Section…
- § 16480.5 Investments pursuant to this article shall be purchased by Controller’s warrants. Such warrants shall not be drawn upon a fund but shall be drawn on all moneys…
- § 16480.6 (a) At the conclusion of each calendar quarter, all interest earned and increment derived from investments in securities, time deposits and loans made pursuant…
- § 16480.7 Not later than 30 days after the close of each month there shall be placed on file for public inspection during business hours at the offices of the…
- § 16480.8 If any provision in this chapter, or the application thereof to the money in any fund in the Treasury, is held invalid, the remaining provisions of this…
- § 16480.9 Notwithstanding the provisions of Section 16480.6, as of December 31 and June 30 each year all interest earned and increment derived from the investment…
- § 16481 Notwithstanding any other provision of the law, the State Treasurer may enter into security loan agreements pursuant to the provisions of Division 8…
- § 16481.1 The Pooled Money Investment Board shall succeed to and is vested with all of the powers, duties, purposes, responsibilities, and jurisdiction in matters now or…
- § 16481.2 (a) The Treasurer shall annually prepare and submit to the Pooled Money Investment Board a written statement of investment policy. The Treasurer shall promptly…
- § 16482 (a) Subject to subdivisions (b) and (c), and notwithstanding any other provision of law, any state agency that has entered into a grant agreement for the…