§ 12368
62 words·~1 min read·
/ca/public-utilities-code/12368A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Funds held by a district pursuant to a written agreement between the district and the employees of the district to defer a portion of the compensation otherwise receivable by the district’s employees and pursuant to a plan for such deferral as adopted by the board, may be invested in the types of investments set forth in Section 53609 of the Government Code.