Gov. Code, § 53604 · Article 1. Investment of Surplus

Gov. Code, § 53604

Verbatim from the official edition

Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)

The legislative body may sell, or exchange for other eligible securities, and reinvest the proceeds of, the securities purchased.

Notes and commentary — not statutory text

History

Amended by Stats. 1953, Ch. 537.

Source of truth

Edition: As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
Official file: https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=GOV&sectionNum=53604.
Text hash: sha256 030f2637fd0c3cac2879ddb67b34250d45412c408031171496d91d501be54e69
Composed by: compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section

Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.