Harbors and Navigation Code § 7176

ARTICLE 1. General

Current as of September 28, 2026Harb. & Nav. Code, § 7176Official source ↗

Added by Stats. 1959, Ch. 1598.

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.