California § 101230 - The district may invest any surplus money in its treasury, including money in any
Full text of California Public Contract Code - PCC § 101230 — The district may invest any surplus money in its treasury, including money in any, with citation guidance and answers to common questions.
§ 101230. The district may invest any surplus money in its treasury, including money in any
The district may invest any surplus money in its treasury, including money in any sinking fund, in any of the following: (a) Its own bonds. (b) Treasury notes, certificates of indebtedness, bills, bonds of the United States, or any other evidence of indebtedness secured by the full faith and credit of the United States. (c) Obligations issued pursuant to the Federal Home Loan Bank Act or the National Housing Act. (d) Treasury notes or bonds of this state, or of any public corporation, municipal corporation, public district, or political subdivision within this state which are legal as security for the deposit of public funds.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 101230
What does Public Contract Code - PCC § 101230 cover?
Section 101230 ("The district may invest any surplus money in its treasury, including money in any") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite California § 101230?
A common citation format is "Public Contract Code - PCC § 101230" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of California law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.
How does California § 101230 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in California.