California Public Utilities Code

§ 12368

PUC § 12368Div. 6 · Ch. 5 · Art. 3

Statute text

Funds held by a district pursuant to a written agreement between the district and the employees of the district to defer a portion of the compensation otherwise receivable by the district’s employees and pursuant to a plan for such deferral as adopted by the board, may be invested in the types of investments set forth in Section 53609 of the Government Code.

Legislative history

Added by Stats. 1976, Ch. 820.