Public Utilities Code section 12368

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.

Source: Section 12368, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=PUC§ionNum=12368.­ (updated Jan. 1, 1976; accessed Jun. 25, 2025).

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Verified:
Jun. 25, 2025

§ 12368's source at ca​.gov