California Legal Codes and Statutes

§ 53852.5

Added by Stats. 1995, Ch. 784, Sec. 21. Effective January 1, 1996.

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.

Cite this section

Cal. Gov. Code § 53852.5 (2026)
https://ca.codecond.com/codes/gov/title-5-local-agencies/division-2-cities-counties-and-other-agencies/part-1-powers-and-duties-common-to-cities-counties-and-other-agencies/chapter-4-financial-affairs/article-7-6-temporary-borrowing/section-53852.5

Other sections in Article 7.6 - Temporary Borrowing

§ 53850§ 53851§ 53852§ 53852.5§ 53853§ 53854§ 53855§ 53856§ 53856.1§ 53857§ 53858

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