ARTICLE 7. Investments [50205. - 50208.]

Cal. Public Utilities Code - PUC 7.

in effect

Cal. Public Utilities Code - PUC § 50205. Section 50205.

(a) The district may invest surplus money in its treasury, including money in a sinking fund, in any of the following investments: (1) Its own bonds, notes, or obligations. (2) In any investment or deposit that a local agency may place funds pursuant to the laws of the state. (3) The San Joaquin County Treasury Investment Pool. (b) If the district invests surplus money pursuant to paragraph (2) of subdivision (a), those investments shall be in accordance with Article 1 (commencing with Section 53600) and Article 2 (commencing with Section 53630) of Chapter 4 of Part 1 of Division 2 of Title 5 of the Government Code.

Cal. Public Utilities Code - PUC § 50206. Section 50206.

The investment of surplus money may be made by direct purchase of investments at the original sale or by the subsequent investments in the secondary market.

Cal. Public Utilities Code - PUC § 50207. Section 50207.

Any investments purchased and held by the district may from time to time be sold and the proceeds reinvested in investments as provided in this article.

Cal. Public Utilities Code - PUC § 50208. Section 50208.

Sales of any investments purchased and held by the district shall from time to time be made in season so that the proceeds may be applied to the purposes for which the money with which the investments were originally purchased was placed in the treasury of the district.

Source: CA Legislative Counsel Bulk DataURL: https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zipFetched: 6/27/2026