Section 2573 Of Article 9. Investments And Purchase Of Property From California Probate Code >> Division 4. >> Part 4. >> Chapter 6. >> Article 9.
2573
. An order authorizing investment in bonds issued by any state
or of any city, county, city and county, political subdivision,
public corporation, district, or special district of any state may
authorize the guardian or conservator to select from among bonds
issued by any such issuer, without specifying any particular issuer
or issue of bonds, if the type of issuer is designated in general
terms and the order specifies as to such bonds a minimum quality
rating as shown in a recognized investment service, a minimum
interest coupon rate, a minimum yield to maturity, and the date of
maturity within a five-year range.