Any bonds, treasury notes, or obligations purchased and held as investments by the board may, from time to time, be sold and the proceeds reinvested in bonds, treasury notes, or obligations as provided in this article.
Cal. Pub. Util. Code § 120472
Investments
Known as the Mills-Deddeh Transit Development Act
The act spans §§ 120000–120702 (105 sections).
Added by Stats. 1983, Ch. 599, Sec. 1.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.