Section 26396 Of Article 7. Funds From California Government Code >> Division 2. >> Title 3. >> Part 2. >> Chapter 14. >> Article 7.
26396
. Moneys in a bond fund or enterprise fund not required to
meet acquisition or construction costs or expenses payable from the
construction fund or interest on the bonds, may be invested in bonds
and other obligations eligible for investment of surplus county
moneys; subject to such limitations as may be provided in the
proceedings authorizing the issuance of the bonds. Any income or
interest thereon shall be added to and become a part of the bond fund
or enterprise fund.