Cal. Gov. Code § 53821.5

Current through the 2023 Legislative Session.

Section 53821.5 - Restrictions on investing proceeds or funds

Proceeds of sales or funds set aside for the repayment of any notes issued pursuant to this article shall not be invested for a term that exceeds the term of the notes.

Ca. Gov. Code § 53821.5

Added by Stats. 1995, Ch. 784, Sec. 19. Effective January 1, 1996.