California Statutes
§ 27050. — 27050. (Enacted by Stats. 1951, Ch. 364.)
California·Code FIN Financial Code - FIN·Div. 11.5. DIVISION 11.5. NATIONAL HOUSING ACT LOANS·Ch. 2. CHAPTER 2. Securities for Deposit
Wherever, by statute of this State, collateral is required as security for the deposit of public or other funds, or deposits are required to be made with any public official or department, or an investment of capital or surplus, or a reserve or other fund, is required to be maintained consisting of designated securities, the notes, and bonds secured by mortgages insured, and debentures issued, by the Federal Housing Administrator, and obligations of national mortgage associations are eligible securities for such purposes.
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California § 27050. (27050. (Enacted by Stats. 1951, Ch. 364.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Enacted by Stats. 1951, Ch. 364.