California Government Code Section 53821.5

CA Govt Code § 53821.5 (2017)  

Proceeds of sales or funds set aside for the repayment of any notes issued pursuant to this article shall not be invested for a term that exceeds the term of the notes.

(Added by Stats. 1995, Ch. 784, Sec. 19. Effective January 1, 1996.)

Last modified: October 25, 2018