California § 130545. 130545. (Added by Stats. 1984, Ch. 1646, Sec. 2.)

California Statutes

§ 130545. — 130545. (Added by Stats. 1984, Ch. 1646, Sec. 2.)

California § 130545.

JurisdictionCalifornia

Code PUCPublic Utilities Code - PUC

Div. 12.DIVISION 12. COUNTY TRANSPORTATION COMMISSIONS

Ch. 5.CHAPTER 5. Los Angeles County Transportation Commission Revenue Bond Act

Art. 4.ARTICLE 4. Bonds and Notes

This text of California § 130545. (130545. (Added by Stats. 1984, Ch. 1646, Sec. 2.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Cal. Public Utilities Code - PUC Code § 130545. (2026).

Text

The bonds issued pursuant to this chapter are legal investments for all trust funds, the funds of all insurance companies, commercial or savings banks, trust companies, savings and loan associations, and investment companies, for executors, administrators, guardians, conservators, trustees, and other fiduciaries, for state school funds, and for any funds which may be invested in county, municipal, or school district bonds. The bonds are securities which may properly and legally be deposited with, and received by, any state or municipal officer or any public agency for any purpose for which the deposit of bonds or obligations of the state is now, or may hereafter be, authorized by law, including deposits to secure public funds.

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The bonds issued pursuant to this chapter are legal investments for all trust funds, the funds of all insurance companies, commercial or savings banks, trust companies, savings and loan associations, and investment companies, for executors, administrators, guardians, conservators, trustees, and other fiduciaries, for state school funds, and for any funds which may be invested in county, municipal, or school district bonds. The bonds are securities which may properly and legally be deposited with, and received by, any state or municipal officer or any public agency for any purpose for which the deposit of bonds or obligations of the state is now, or may hereafter be, authorized by law, including deposits to secure public funds.

Legislative History

Added by Stats. 1984, Ch. 1646, Sec. 2.

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California § 130545., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/PUC/130545..