CHAPTER 10. Legal Investments for Nonbank Licensees [800. - 819.]
Chapter 10 added by Stats. 2011, Ch. 243, Sec. 2.
§§ 800–819 · 20 sections
- § 800 As used in this chapter, unless the context requires otherwise, the following terms have the following meanings: (a) “Net direct debt” of any public…
- § 801 Any securities or other assets that are described in Sections 803 to 819, inclusive, are legal investments for savings banks.
- § 802 Where any laws of this state provide that the moneys of any pension fund, retirement plan, trust fund, or the moneys of any special fund the investment of…
- § 803 Gold and silver bullion and United States mint certificates of ascertained value.
- § 804 Stock of a federal reserve bank or of a federal home loan bank to the extent authorized by Section 1325.
- § 805 Bonds or other interest-bearing notes and obligations of the United States and those for which the faith and credit of the United States are pledged for the…
- § 806 Bonds of the State of California and those for which the faith and credit of the State of California are pledged for the payment of principal and interest and…
- § 807 Bonds of any flood control and water conservation districts, or any zone thereof, having an assessed valuation on taxable real property of not less than one…
- § 808 Bonds of any other political subdivision, public corporation, or district of the State of California (herein referred to generally as public corporations)…
- § 809 (a) Any of the following subject to the conditions set forth in subdivision (b) to (d), inclusive. (1) Bonds or other evidences of indebtedness of, or which…
- § 810 Bonds of any irrigation district, water storage district, water conservation district, county water district, reclamation district, drainage district, and any…
- § 811 (a) Bonds, consolidated bonds, collateral trust debentures, consolidated debentures, or other obligations issued by federal land banks or federal intermediate…
- § 812 Bonds, notes or other obligations issued by the Federal Financing Bank, the United States Postal Service, or issued or assumed by the International Bank for…
- § 813 (a) Notes with a maturity not exceeding 15 months after the date of issue, issued in anticipation of uncollected taxes, income, revenue, cash receipts, and…
- § 814 Revenue securities of any state of the United States, or of the Commonwealth of Puerto Rico, and of any city, county, city and county, political subdivision,…
- § 815 Bonds of any local public housing agency (as defined in the United States Housing Act of 1937, as amended) that are secured by either of the following: (a) An…
- § 816 Bonds secured by an insurance commitment of the Federal Housing Administration.
- § 817 Evidences of indebtedness of companies incorporated in the United States and, directly or indirectly, engaged in manufacturing, extraction, merchandising, or…
- § 818 Fixed interest railroad bonds meeting the requirements of subdivisions (a) and (b); bonds secured by a mortgage on jointly operated railroad facilities meeting…
- § 819 Bonds and debentures of gas, electric, or gas and electric companies meeting the requirements of subdivision (a); bonds and debentures of telephone companies…