Cal. Wat. Code § 45907

Current through the 2023 Legislative Session.

Section 45907 - Use of surplus funds and money held by district in sinking or depreciation fund

Any surplus funds and any money held by a district in a sinking or depreciation fund may in the discretion of its board be invested in direct assessment warrants of the district.

Ca. Water Code § 45907

Added by Stats. 1961, Ch. 976.