TITLE 5. LOCAL AGENCIES 50001-57607›DIVISION 2. CITIES, COUNTIES, AND OTHER AGENCIES 53000-55821›PART 1. POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIES 53000-54999.7›CHAPTER 4. Financial Affairs 53600-53997›ARTICLE 1. Investment of Surplus 53600-53610

§ 53604

California Government Code · 2020-11 edition · updated 2026-10-04 · California

The legislative body may sell, or exchange for other eligible securities, and reinvest the proceeds of, the securities purchased.

(Amended by Stats. 1953, Ch. 537.)

Get a plain-English answer with a citation back to this text.

Ask AI about this code

Export this section

▸Contents — California Government Code

California Government Code

GoCodebook provides public access, search, citation, multilingual explanation, and practical interpretation of legally adopted building regulations. It is not a substitute for the official ICC or California code publications.