The legislative body may sell, or exchange for other eligible securities, and reinvest the proceeds of, the securities purchased.
(Amended by Stats. 1953, Ch. 537.)
Gov. Code § 53604, under Investment of Surplus.
Gov. Code § 53604
The legislative body may sell, or exchange for other eligible securities, and reinvest the proceeds of, the securities purchased.
(Amended by Stats. 1953, Ch. 537.)