There is a newer version of the California Code
2011 California Code
Government Code
TITLE 2. GOVERNMENT OF THE STATE OF CALIFORNIA [8000 - 22980]
ARTICLE 4.5. Treasury Pooled Money Investments
Section 16480.2
CA Govt Code § 16480.2 (through 2012 Leg Sess) What's This?
It is the intent of this article that money available for investment or deposit be invested in securities or deposited in banks and savings and loan associations in such a way as to realize the maximum return consistent with safe and prudent treasury management.
(Amended by Stats. 1976, Ch. 349.)
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