Gov. Code, § 66540.50 · Article 4. Funding
Gov. Code, § 66540.50
Verbatim from the official edition
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
The authority may deposit or invest any moneys of the authority in banks or financial institutions in the state in accordance with state law.
Notes and commentary — not statutory text
History
Repealed and added by Stats. 2007, Ch. 734, Sec. 2. Effective January 1, 2008.
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§ionNum=66540.50.
- Text hash
- sha256 2f968e0d923c0734eed2a4e2cc4b70f66a3f1279af5e5279f81d97972c07423f
- 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.