# Cal. PRC § 26406: Section 26406

> California · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_CA_Cprc_D16.5_S26406

## Section

- **Citation:** Cal. PRC § 26406
- **Heading:** Section 26406
- **Jurisdiction:** California
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** California Code / Code prc / Division 16.5 / Section 26406

## Text

The Director of Finance shall cause all moneys in the Energy and Resources Fund which are in excess of current requirements to be invested and reinvested from time to time in securities described in Section 16430 of the Government Code, and such securities may be sold or exchanged if in his opinion such sale or exchange is in the best interests of the state in effectuating the purposes of this chapter. All income derived from such investment, reinvestment, sale, or exchange shall be credited to the Energy and Resources Fund.

## Nearby sections

- [Cal. PRC § 26400 Section 26400](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cprc_D16.5_S26400.md)
- [Cal. PRC § 26401 Section 26401](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cprc_D16.5_S26401.md)
- [Cal. PRC § 26403 Section 26403](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cprc_D16.5_S26403.md)
- [Cal. PRC § 26404 Section 26404](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cprc_D16.5_S26404.md)
- [Cal. PRC § 26406 Section 26406](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cprc_D16.5_S26406.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_CA_Cprc_D16.5_S26406. Check the current official text before relying on it. Not legal advice.