ARTICLE 4. Status as Investments [40260. - 40261.]
Article 4 added by Stats. 1965, Ch. 1899.
§§ 40260–40261 · 2 sections
- § 40260 All bonds including refunding bonds issued by a district are legal investments for all trust funds and for the funds of all insurance companies, banks, both…
- § 40261 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…