SECTIONS 98270 - California Statutes

PUBLIC UTILITIES CODE

SECTION 98270

98270. The district may invest any surplus money in its treasury.
The county treasury shall act as treasurer of the district and he
shall handle such investments as the board determines to make in
accordance with the same policies and procedures that he follows in
the investment of surplus county funds.
The board shall pay a reasonable fee to the county for the
investment services of the county treasurer.