Any money belonging to a district may be deposited or invested and drawn out as provided in Title 5, Division 2, Part 1, Chapter 4, Article 2 of the Government Code, as now or hereafter amended.
FinancesDepositary
Section § 60240
This law allows a district to manage its money by following certain rules for depositing, investing, and withdrawing funds. These rules are detailed in another section of the Government Code, and they can change over time as amendments are made.
district finances money management funds deposit