Investment of Money in Funds

Monies in the University Construction Fund and the University Revenue Fund may be invested, subject only to such limitations as may be provided in the indenture providing for the issuance of the bonds. All interest or other investment earnings received pursuant to such investments shall be deposited to the credit of the fund or account from which such interest or other investment earnings are derived, unless otherwise provided in the indenture. SOURCE: GC § 11850.45. Repealed and reenacted by P.L. 24-275:19.