Cal. Gov. Code § 29951

Current through the 2023 Legislative Session.

Section 29951 - Intention of article

The intent of this article is that investments of county funds shall be made for the purpose of:

(a) aiding and facilitating the making of needed public improvements in the county;

(b) limiting or preventing the increasing of district taxes or assessments which may lessen or impair the general tax revenues of the county from any district; and

(c) providing means by which district indebtedness or assessments represented by or securing bonds may be reduced.

Ca. Gov. Code § 29951

Added by Stats. 1947, Ch. 424.