California § 81965 - Moneys in the designated construction fund of each district may be invested by th
Full text of California Public Contract Code - PCC § 81965 — Moneys in the designated construction fund of each district may be invested by th, with citation guidance and answers to common questions.
§ 81965. Moneys in the designated construction fund of each district may be invested by th
Moneys in the designated construction fund of each district may be invested by the board, subject only to the limitations contained in an indenture providing for the issuance of revenue bonds. All securities or other investments made under the provisions of this chapter shall be held by the county treasurer as custodian thereof. All interest or other earnings received pursuant to such investments shall be collected by the county treasurer, and, on order of the county auditor, shall be deposited in the county treasury to the credit of the fund from which such interest or other earnings are derived.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 81965
What does Public Contract Code - PCC § 81965 cover?
Section 81965 ("Moneys in the designated construction fund of each district may be invested by th") 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 § 81965?
A common citation format is "Public Contract Code - PCC § 81965" (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 § 81965 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.