Education Code - EDC
TITLE 2. ELEMENTARY AND SECONDARY EDUCATION [33000 - 65001]
( Title 2 enacted by Stats. 1976, Ch. 1010. ) DIVISION 3. LOCAL ADMINISTRATION [35000 - 45500]
( Division 3 enacted by Stats. 1976, Ch. 1010. ) PART 24. SCHOOL FINANCE [41000 - 43052]
( Part 24 enacted by Stats. 1976, Ch. 1010. ) CHAPTER 1. State Financial Management and Control [41000 - 41060]
( Chapter 1 enacted by Stats. 1976, Ch. 1010. ) ARTICLE 2. Accounting Regulations, Budget Controls and Audits [41010 - 41024]
( Article 2 enacted by Stats. 1976, Ch. 1010. ) 41015.
The governing board of any school district or any county office of education which has funds in a special reserve fund of the district or county office of education or any surplus moneys not required for the immediate necessities of the district or county office of education, is hereby authorized to invest all or any part of the funds in any of the investments specified in Section 16430 or 53601 of the Government Code.
(Amended by Stats. 1987, Ch. 198, Sec. 1.)