Streets and Highways Code § 27227

CHAPTER 12. Authority for Issuance and Sale of District Bonds

Current as of September 28, 2026Sts. & Hy. Code, § 27227Official source ↗

Added by Stats. 1943, Ch. 286.

All bonds issued by the district shall be legal investments for savings banks, and shall have the same force and effect and shall be equivalent to bonds issued by any municipality, and shall be exempt from all taxation within this State.