{"data":{"id":"us-ca/gov-53604","jurisdiction":"us-ca","citation":"GOV § 53604","heading":"","body":"The legislative body may sell, or exchange for other eligible securities, and reinvest the proceeds of, the securities purchased.","path":["Government Code - GOV","TITLE 5. LOCAL AGENCIES [50001. - 57607.]","DIVISION 2. CITIES, COUNTIES, AND OTHER AGENCIES [53000. - 55821.]","PART 1. POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIES [53000. - 54999.7.]","CHAPTER 4. Financial Affairs [53600. - 53997.]","ARTICLE 1. Investment of Surplus [53600. - 53610.]"],"source_url":"https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zip","current_through":"2026-09-13","vintage":"","retrieved_at":"2026-09-14T05:56:33Z","sha256":"030f2637fd0c3cac2879ddb67b34250d45412c408031171496d91d501be54e69","source_id":"us-ca","stale":false,"prev":"us-ca/gov-53603","next":"us-ca/gov-53605"},"notice":"GroundRules: Original legal text. Not legal advice."}