Section 53604.

  1. Law
  2. California Code
  3. Code - GOV
  4. LOCAL AGENCIES
  5. 2 - CITIES, COUNTIES, AND OTHER AGENCIES
  6. 1 - POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIES
  7. 4 - Financial Affairs
  8. 1 - Investment of Surplus
  9. Section 53604.

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The legislative body may sell, or exchange for other eligible securities, and reinvest the proceeds of, the securities purchased.

(Amended by Stats. 1953, Ch. 537.)


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