§ 13429 Clean Water Fund Investments

Water Code·California

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Key Takeaways

•Extra money in the Clean Water Bond Guarantee Fund can be invested to make more money.
•Any money made from these investments goes back into the same fund.
•This follows federal rules about how the money can be used.

Example

Imagine the fund has $100 extra that isn't needed right now.

They can invest that $100 to earn more money, like putting it in a savings account. If they earn $5, that $5 goes back into the fund to help with clean water projects.

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

Official Source

View on CA.gov

§ 13429 Clean Water Fund Investments

Money in the Clean Water Bond Guarantee Fund not needed for making payments on guaranteed bonds pursuant to this chapter shall be invested pursuant to law. All proceeds of the investment shall be deposited in that fund to the extent permitted by federal law. (Added by Stats. 1988, Ch. 47, Sec. 1. Effective March 18, 1988.)

Last verified: January 23, 2026

Key Terms

Clean Water Bond Guarantee Fund guaranteed bonds invested pursuant to law proceeds of the investment

References

Official text at leginfo.legislature.ca.gov
California Legislature. Water Code. Section 13429.

Key Takeaways

Example

Key Terms

Related Statutes

References

Key Takeaways

Example

Key Terms

Related Statutes

References