California Public Utilities Code ARTICLE 3 - Investments

• Section 101230.
  The district may invest any surplus money in its treasury, including money in any sinking fund, in any of the following:(a) Its own bonds.(b) Treasury notes, certificates...
• Section 101231.
  Such investment may be made by direct purchase of any issue of such bonds, treasury notes, or obligations, or part thereof, at the original sale...
• Section 101232.
  Any bonds, treasury notes, or obligations purchased and held as investments by the district may, from time to time, be sold and the proceeds reinvested...
• Section 101233.
  Sales of any bonds, treasury notes, or obligations purchased and held by the district shall, from time to time, be made in season so that...
• Section 101234.
  With the consent of the board, the general manager may:(a) Authorize the trust department of any state or national bank in this state, or a trust...

Last modified: October 22, 2018