Sales of any bonds, treasury notes, or obligations purchased and held by the board 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 bonds, treasury notes, or obligations were originally purchased was placed in the treasury of the board.
Cal. Pub. Util. Code § 120473
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.