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Cal. Pub. Util. Code § 50206

Investments

Redline — January 1, 2011 → current.View current text →
Current — January 1, 2025
As of January 1, 2011
Such investment may be made by direct purchase of any issue of such bonds, treasury notes, or obligations, or part thereof, at the original sale or by the subsequent purchase of the bonds, treasury notes, or obligations.
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.

Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.