California Public Utilities Code

§ 70261

PUC § 70261Div. 10 · Part 7 · Ch. 7 · Art. 4

Statute text

All bonds of the district, to the same extent as bonds of any other municipality, are legal for use by any state or national bank or banks in the State as security for the deposit of funds of the State or of any county, city and county, city, municipality or other public or municipal corporation within the State.

Legislative history

Added by Stats. 1964, 1st Ex. Sess., Ch. 92.