§ 12871 A district may invest any surplus money in its treasury, including …
§ 12872 Such investment may be made by direct purchase of any issue of such …
§ 12873 Any bonds, treasury notes, or obligations purchased and held as …
§ 12874 Sales of any bonds, treasury notes, or obligations purchased and held …
§ 12875 Notwithstanding any other provision of law, a district which has …

Terms Used In California Codes > Public Utilities Code > Division 6 > Chapter 6 > Article 7 - Investments

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • County: includes city and county. See California Water Code 14
  • Subdivision: means a subdivision of the section in which that term occurs unless some other section is expressly mentioned. See California Public Utilities Code 10
  • Trustee: A person or institution holding and administering property in trust.