California § 63089.52 - The program manager, at his or her discretion, with the approval of the executive
Full text of California Public Contract Code - PCC § 63089.52 — The program manager, at his or her discretion, with the approval of the executive, with citation guidance and answers to common questions.
§ 63089.52. The program manager, at his or her discretion, with the approval of the executive
(a) The program manager, at his or her discretion, with the approval of the executive director, may request the trustee to invest those moneys in the trust fund in any of the securities described in Section 16430. Returns from these investments shall be deposited in the expansion fund and shall be used to support the programs of this chapter. (b) Any investments made in securities described in Section 16430 shall be governed by the investment policy approved by the bank board.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 63089.52
What does Public Contract Code - PCC § 63089.52 cover?
Section 63089.52 ("The program manager, at his or her discretion, with the approval of the executive") 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 § 63089.52?
A common citation format is "Public Contract Code - PCC § 63089.52" (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 § 63089.52 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.