California Public Utilities Code
§ 50205
PUC § 50205 Effective Jan 1, 2025Div. 10 · Part 5 · Ch. 6 · Art. 7
Statute text
View on leginfo.ca.gov(a)The district may invest surplus money in its treasury, including money in a sinking fund, in any of the following investments:
(1)Its own bonds, notes, or obligations.
(2)In any investment or deposit that a local agency may place funds pursuant to the laws of the state.
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Legislative history
Amended by Stats. 2024, Ch. 216, Sec. 2. (AB 1853) Effective January 1, 2025.