GroundRules
WAT § 12913
Where this section sits in the code
- Water Code - WAT
- DIVISION 6. CONSERVATION, DEVELOPMENT, AND UTILIZATION OF STATE WATER RESOURCES [10000. - 12999.]
- PART 6. WATER DEVELOPMENT PROJECTS [12570. - 12949.5.]
- CHAPTER 7. California Water Fund [12900. - 12915.]
- ARTICLE 2. The California Water Fund [12910. - 12915.]
The Director of Finance shall cause all moneys in the fund which are in excess of current requirements to be invested and reinvested from time to time in securities described in Section 16430 of the Government Code, and such securities may be sold or exchanged if in his opinion such sale or exchange is in the best interests of the State in effectuating the purposes of this chapter. All income derived from such investment, reinvestment, sale, or exchange shall be credited to the fund.
Collected 2026-09-14T05:56:33Z. Source file · JSON