Section 90077 Of Article 2. The State University Revenue Bond Act Of 1947 From California Education Code >> Division 8. >> Title 3. >> Part 55. >> Chapter 8. >> Article 2.
90077
. Moneys in the California State University Dormitory
Construction Fund may be invested by the board subject only to
limitations which may be provided in any resolution authorizing the
issuance of revenue bond anticipation notes or in any indenture
providing for the issuance of revenue bonds. All securities or other
investments made under the provisions of this article shall be held
by the Treasurer as custodian thereof. All interest or other earnings
received pursuant to the investments shall be collected by the
Treasurer, and, on order of the Controller, shall be deposited in the
State Treasury to the credit of the fund from which interest or
other earnings are derived.