Pub. Util. Code, § 50205 · Article 7. Investments

Pub. Util. Code, § 50205

Verbatim from the official edition

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

(a) The district may invest surplus money in its treasury, including money in a sinking fund, in any of the following investments:

(1) Its own bonds, notes, or obligations.

(2) In any investment or deposit that a local agency may place funds pursuant to the laws of the state.

(3) The San Joaquin County Treasury Investment Pool.

(b) If the district invests surplus money pursuant to paragraph (2) of subdivision (a), those investments shall be in accordance with Article 1 (commencing with Section 53600) and Article 2 (commencing with Section 53630) of Chapter 4 of Part 1 of Division 2 of Title 5 of the Government Code.

Notes and commentary — not statutory text

History

Amended by Stats. 2024, Ch. 216, Sec. 2. (AB 1853) Effective January 1, 2025.

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=PUC&sectionNum=50205.
Text hash: sha256 3e705d330346c739afe7184374c25a65389391aa1cea39c6d33a5d5e97aa2fd5
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

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Government Code

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