Government Code section 53621

The authority of the governing body to invest or to reinvest funds intended for the payment of employee retiree health benefits, or to sell or exchange securities purchased for that purpose, may be delegated by the governing body to designated officers.

Source: Section 53621, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=GOV§ionNum=53621. (updated Jan. 1, 1999; accessed Dec. 1, 2025).

53620
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Dec. 1, 2025

§ 53621's source at ca.gov

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Location: https://california.public.law/codes/government_code_section_53621

Original Source: Section 53621, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=GOV§ionNum=53621. (last accessed May 12, 2025).