§ 8779
50 words·~1 min read·
/ca/health-and-safety-code/8779A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Nothing in this article shall require liquidation or transmutation of any lawful investment existing on December 31, 1976, but any reinvestment shall be governed by Section 8778, and any interest or other increment actually received on account of such an investment shall be reinvested only as provided in Section 8778.