California Water Code ARTICLE 3 - Investments

• Section 31335.
  As used in this article “surplus money” means any money in any sinking fund established for the purpose of payment of any bonded or other...
• Section 31336.
  A district may invest such surplus money, as its board deems wise or expedient in any of the following:(a) Bonds issued by the district.(b) Bonds issued by...
• Section 31337.
  The investment may be made by purchase of the bonds or registered warrants or part thereof at the original sale or by purchase after they...
• Section 31338.
  Any bonds or registered warrants purchased pursuant to this article and held may, from time to time, be sold and the proceeds reinvested pursuant to...
• Section 31339.
  Sales of bonds or registered warrants purchased pursuant to this article and held shall be made in season so that the proceeds may be applied...

Last modified: October 22, 2018