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HomePublic Utilities CodeDiv. 1Pt. 4Ch. 1Art. 7§ 3125 Association Reserve Investments

§ 3125 Association Reserve Investments

Public Utilities Code·California
AI Summary·Official Text·Key Terms·Related Statutes·References
AI SummaryVerified

§ 3125 Association Reserve Investments

Key Takeaways

  • •A group (like a neighborhood or club) can save money for later.
  • •They can put that saved money in safe things like bonds or other stuff their rules allow.
  • •The rules of the group say how they can use or invest the saved money.

Example

Your neighborhood group saves money every month for fixing the park.

They can put that money in a safe place, like bonds, so it grows a little and is ready when they need to fix the park.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source
View on CA.gov

§ 3125 Association Reserve Investments

An association may establish reserves and invest the funds of the reserves in bonds or in any other property as may be provided in the bylaws. (Added by Stats. 1987, Ch. 680, Sec. 1.)

Last verified: January 23, 2026

Key Terms

reservesbondsbylaws

Related Statutes

  • § 3124 Gas Corporation Stock Ownership
  • § 3127 Association Assessment Authority
  • § 10301 Municipal Utility Acquisition Safeguards
  • § 10302 Utility And Agency Definitions
  • § 10303 Municipal Energy Facility Acquisition Vote

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Public Utilities Code. Section 3125.
View Official Source