topleft CSBA.org >  Services >  Governance Technology > 

Legal Resources | Government Code |  GC  53841.5  

Financial Affairs; Alternate Procedure for Temporary Borrowing; Notes.   

arrow Previous bar Next arrow

Proceeds of sales or funds set aside for the repayment of any notes issued pursuant to this article shall not be invested for a term that exceeds the term of the notes.

(Added by Stats. 1995, Ch. 784, Sec. 20.)