Government Code § 16480.2
‹ § 16480.1§ 16480.3 ›Open in browserleginfo ↗16480.2.
It is the intent of this article that money available for investment or deposit be invested in securities or deposited in banks and savings and loan associations in such a way as to realize the maximum return consistent with safe and prudent treasury management.
(Amended by Stats. 1976, Ch. 349.)