BlackletterCalifornia law

Water Code § 52857

CHAPTER 5. Creation of Reserve Fund Pursuant to Agreement With the United States

Current as of September 28, 2026Wat. Code, § 52857Official source ↗

Added by Stats. 1951, Ch. 336.

The county treasurer may invest any money in the reserve fund in bonds of the United States or of the State of California, and bonds so purchased and held in the reserve fund may be sold by the county treasurer and the proceeds temporarily reinvested in such bonds.