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Marginalia
Code · California · Health and Safety Code

§ 34316

60 words·~1 min read·/ca/health-and-safety-code/34316

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

An authority may:
(a)Invest any money held in reserves or sinking funds, or any money not required for immediate disbursement, in property or securities in which commercial banks may legally invest money subject to their control.
(b)Purchase its bonds at a price not more than their principal amount and accrued interest; all bonds so purchased shall be canceled.
★   the supreme law of the land   ★
Don't Tread on Me
E Pluribus Unum — out of many, one

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