California Government Code ARTICLE 4.5 - Treasury Pooled Money Investments

• Section 16480.
  All state money held by the State Treasurer in treasury trust accounts, and all money in the State Treasury, except money in the Unemployment Compensation...
• Section 16480.1.
  There is hereby created a Pooled Money Investment Board, which shall consist of the Controller, Treasurer and Director of Finance. The Pooled Money Investment Board...
• Section 16480.2.
  It is the intent of this article that money available for investment or deposit be invested in securities or deposited in banks and savings and...
• Section 16480.3.
  Immediately after designations described in Section 16480.1, the Treasurer shall invest or make deposits in banks and savings and loan associations in accordance with the...
• Section 16480.35.
  It is the intent of the Legislature that the Pooled Money Investment Board, in administering its investment program, shall give due regard to assisting such...
• Section 16480.4.
  (a) Amounts available for investment under this article may be invested and reinvested by the State Treasurer in any securities described in Section 16430 of this...
• Section 16480.45.
  In addition to any other investment authorized by this article, the Treasurer may invest in Property Assessed Clean Energy (PACE) bonds, as defined in Section...
• Section 16480.5.
  Investments pursuant to this article shall be purchased by Controller’s warrants. Such warrants shall not be drawn upon a fund but shall be drawn on...
• Section 16480.6.
  (a) At the conclusion of each calendar quarter, all interest earned and increment derived from investments in securities, time deposits and loans made pursuant to this...
• Section 16480.7.
  Not later than 30 days after the close of each month there shall be placed on file for public inspection during business hours at the...
• Section 16480.8.
  If any provision in this chapter, or the application thereof to the money in any fund in the Treasury, is held invalid, the remaining provisions...
• Section 16480.9.
  Notwithstanding the provisions of Section 16480.6, as of December 31 and June 30 each year all interest earned and increment derived from the investment pursuant...
• Section 16481.
  Notwithstanding any other provision of the law, the State Treasurer may enter into security loan agreements pursuant to the provisions of Division 8 (commencing with...
• Section 16481.1.
  The Pooled Money Investment Board shall succeed to and is vested with all of the powers, duties, purposes, responsibilities, and jurisdiction in matters now or...
• Section 16481.2.
  (a) The Treasurer shall annually prepare and submit to the Pooled Money Investment Board a written statement of investment policy. The Treasurer shall promptly notify the...
• Section 16482.
  (a) Subject to subdivisions (b) and (c), and notwithstanding any other provision of law, any state agency that has entered into a grant agreement for the...

Last modified: October 22, 2018