DIVISION 9. EXPENDITURE LIMITATIONS 7900-7914›PART 1. GENERAL 36501-36525›CHAPTER 2. Sales and Leases 52201-52203›ARTICLE 1. Investment of Surplus 53600-53610
§ 53603
California Government Code · 2026-09 edition · updated 2026-09-27 · California
The legislative body may make the investment by direct purchase of any issue of eligible securities at their original sale or after they have been issued.
(Amended by Stats. 1953, Ch. 537.)
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