510 chapters · 11,524 sections in this title.
Educ. Code § 41030 Section 41030
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Any school district which receives bequests or gifts of money which is surplus money not required for the immediate necessities of the district may invest it pursuant to the provisions of this article. (Enacted by Stats. 1976, Ch. 1010.)
Educ. Code § 41031 Section 41031
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Any gift or bequest of money which is to be invested pursuant to this article shall be placed in a district special fund in the county treasury, to be designated as a Foundation Fund. If the gift or bequest of money is required to be used for specific purposes according to the te…
Educ. Code § 41032 Section 41032
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(a) The governing board of any school district may accept on behalf of, and in the name of, the district, gifts, donations, bequests, and devises that are made to the district or to or for the benefit of any school or college administered by the district. The gifts, donations, be…
Educ. Code § 41033 Section 41033
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The governing board of a school district which has placed funds in the Foundation Fund is hereby authorized to invest all or any part of those funds as it deems wise and expedient as follows: (a) In the securities, warrants, or instruments of indebtedness specified by Section 536…