California Health and Safety Code

§ 9066

HSC § 9066 Effective Jan 1, 2010Div. 8 · Part 4 · Ch. 5

Statute text

The board of trustees shall cause the principal of the endowment care fund to be invested and reinvested in any of the following:

(a)Securities and obligations designated by Section 53601 of the Government Code.

(b)Obligations of the United States or obligations for which the faith and credit of the United States are pledged for the payment of principal and interest. These shall not be limited to maturity dates of one year or less.

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Legislative history

Amended by Stats. 2009, Ch. 332, Sec. 75.4. (SB 113) Effective January 1, 2010.