Cal. Ed. Code § 41015

Current through the 2023 Legislative Session.
Section 41015 - Investment of special reserve fund or surplus money

The governing board of any school district or any county office of education which has funds in a special reserve fund of the district or county office of education or any surplus moneys not required for the immediate necessities of the district or county office of education, is hereby authorized to invest all or any part of the funds in any of the investments specified in Section 16430 or 53601 of the Government Code.

Ca. Educ. Code § 41015

Amended by Stats. 1987, Ch. 198, Sec. 1.