Section 98270 Of Article 7. Investments From California Public Utilities Code >> Division 10. >> Part 10. >> Chapter 6. >> Article 7.

. The district may invest any surplus money in its treasury. The county treasurer shall act as treasurer of the district and he shall handle such investments as the board determines to make in accordance with the same policies and procedures that he follows in the investment of surplus county funds. The board shall pay a reasonable fee to the county for the investment services of the county treasurer.