ARTICLE 7. Investments

Article 7 added by Stats. 1965, Ch. 2039.

§§ 90520–90522 · 3 sections

• § 90520 The district may invest any surplus money in its treasury, including money in any sinking fund, in any of the following: (a) Its own bonds. (b) Treasury notes,…
• § 90521 Such investment may be made by direct purchase of any issue of such bonds, treasury notes, or obligations, or part thereof, at the original sale or by the…
• § 90522 Any bonds, treasury notes, or obligations purchased and held as investments by the district may from time to time be sold and the proceeds reinvested in bonds,…