California Harbors and Navigation Code

§ 7176

Name: California Superior Court Tentative Rulings
Creator: DecisionDepot
License: https://creativecommons.org/licenses/by-nc/4.0/

HNC § 7176Div. 8 · Part 7 · Ch. 6 · Art. 1

Statute text

View on leginfo.ca.gov

A bank may act as depositary, paying agent or fiscal agent for the holding or handling of district funds, notwithstanding the fact that a member of the board is an officer, employee or stockholder of the bank, or of a holding company that owns any of the stock of the bank.

Legislative history

Added by Stats. 1959, Ch. 1598.