§ 31336
68 words·~1 min read·
/ca/water-code/31336A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A district may invest such surplus money, as its board deems wise or expedient in any of the following:
(a)Bonds issued by the district.
(b)Bonds issued by any school district any part of which is in a county containing any part of the county water district.
(c)Bonds issued by the State.
(d)Bonds issued by the United States.
(e)Registered warrants issued by the State.