Section 13472 Of Article 2. State School Funds From California Government Code >> Division 3. >> Title 2. >> Part 3. >> Chapter 6. >> Article 2.

. Investments under this article may be made in bonds of this State, of the United States, or of any county, permanent road district, city, school district, metropolitan water district, or municipal utility district of this State. Investment of school land proceeds may also be made in bonds of irrigation districts of this State.