California § 50205 - The district may invest surplus money in its treasury, including money in a sinki
Full text of California Public Contract Code - PCC § 50205 — The district may invest surplus money in its treasury, including money in a sinki, with citation guidance and answers to common questions.
§ 50205. The district may invest surplus money in its treasury, including money in a sinki
(a) The district may invest surplus money in its treasury, including money in a sinking fund, in any of the following investments: (1) Its own bonds, notes, or obligations. (2) In any investment or deposit that a local agency may place funds pursuant to the laws of the state. (3) The San Joaquin County Treasury Investment Pool. (b) If the district invests surplus money pursuant to paragraph (2) of subdivision (a), those investments shall be in accordance with Article 1 (commencing with Section 53600) and Article 2 (commencing with Section 53630) of Chapter 4 of Part 1 of Division 2 of Title 5 of the Government Code.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 50205
What does Public Contract Code - PCC § 50205 cover?
Section 50205 ("The district may invest surplus money in its treasury, including money in a sinki") 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 § 50205?
A common citation format is "Public Contract Code - PCC § 50205" (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 § 50205 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.