BlackletterCalifornia law

Water Code § 31336

ARTICLE 3. Investments

Current as of September 28, 2026Wat. Code, § 31336Official source ↗

Added by Stats. 1949, Ch. 274.

A district may invest such surplus money, as its board deems wise or expedient in any of the following:

(a) Bonds issued by the district.

(b) Bonds issued by any school district any part of which is in a county containing any part of the county water district.

(c) Bonds issued by the State.

(d) Bonds issued by the United States.

(e) Registered warrants issued by the State.