California Government Code

§ 29951

GOV § 29951Div. 3 · Title 3 · Ch. 6 · Art. 3

Statute text

The intent of this article is that investments of county funds shall be made for the purpose of: (a) aiding and facilitating the making of needed public improvements in the county; (b) limiting or preventing the increasing of district taxes or assessments which may lessen or impair the general tax revenues of the county from any district; and (c) providing means by which district indebtedness or assessments represented by or securing bonds may be reduced.

Legislative history

Added by Stats. 1947, Ch. 424.