{"data":{"id":"us-ca/gov-53605","jurisdiction":"us-ca","citation":"GOV § 53605","heading":"","body":"From time to time, the legislative body shall sell the securities so that the proceeds may be applied to the purposes for which the original purchase money was placed in the sinking fund or the treasury of the local agency.","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":"ea55a0246b069b88132c13939ede26cb735e741b55947e1867e2667be14e396d","source_id":"us-ca","stale":false,"prev":"us-ca/gov-53604","next":"us-ca/gov-53606"},"notice":"GroundRules: Original legal text. Not legal advice."}