Public Utilities Code § 98361

ARTICLE 5. Status as Investments

Current as of September 28, 2026Pub. Util. Code, § 98361Official source ↗

Added by Stats. 1967, Ch. 978.

All bonds of the district, to the same extent as bonds of any other municipality, are legal for use by 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.