California Public Utilities Code ARTICLE 7 - Investments

• Section 90520.
  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 90521.
  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 90522.
  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...

Last modified: October 22, 2018