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California · Through 2026-09-13

GOV § 50668.8

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Where this section sits in the code
  1. Government Code - GOV
  2. TITLE 5. LOCAL AGENCIES [50001. - 57607.]
  3. DIVISION 1. CITIES AND COUNTIES [50001. - 52203.]
  4. PART 1. POWERS AND DUTIES COMMON TO CITIES AND COUNTIES [50001. - 51299.4.]
  5. CHAPTER 3. Bonds [50630. - 50670.4.]
  6. ARTICLE 4. Limited Obligation Bonds [50665.1. - 50670.4.]

The local agency may invest funds held in reserve, or in any sinking fund, or funds not required for immediate disbursement, in property or securities in which the local agency may legally invest funds subject to its control. No such investment shall be made in contravention of any covenant or agreement in any resolution authorizing the issuance of any outstanding bonds.

Collected 2026-09-14T05:56:33Z. Source file · JSON

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