California § 30913. 30913. (Added by Stats. 1964, 1st Ex. Sess., Ch. 62.)

California Statutes

§ 30913. — 30913. (Added by Stats. 1964, 1st Ex. Sess., Ch. 62.)

California·Code PUC Public Utilities Code - PUC·Div. 10. DIVISION 10. TRANSIT DISTRICTS·Part 3. PART 3. SOUTHERN CALIFORNIA RAPID TRANSIT DISTRICT·Ch. 7. CHAPTER 7. Bonds and Other Evidences of Indebtedness·Art. 1. ARTICLE 1. Authorization and Issuance of Bonds

Any bonds which shall be issued under the provisions of this article shall be legal investment for all trust funds; for the funds of insurance companies, banks—both commercial and savings—and trust companies; and for state school funds; and whenever any money or funds may, by any law now or hereafter enacted, be invested in bonds of cities, cities and counties, counties, school districts, or other districts within the State of California, such money or funds may be invested in the bonds issued under this part, and whenever bonds of cities, cities and counties, counties, school districts, or other districts within this State may, by any law now or hereafter enacted, be
						used as security for the performance of any act or the deposit of any public moneys, the said bonds issued under this

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Any bonds which shall be issued under the provisions of this article shall be legal investment for all trust funds; for the funds of insurance companies, banks—both commercial and savings—and trust companies; and for state school funds; and whenever any money or funds may, by any law now or hereafter enacted, be invested in bonds of cities, cities and counties, counties, school districts, or other districts within the State of California, such money or funds may be invested in the bonds issued under this part, and whenever bonds of cities, cities and counties, counties, school districts, or other districts within this State may, by any law now or hereafter enacted, be
used as security for the performance of any act or the deposit of any public moneys, the said bonds issued under this part may be so used. The provisions of this article shall be in addition to all other laws relating to legal investments and shall be controlling as the latest expression of the Legislature with respect thereto.

California § 30913. (30913. (Added by Stats. 1964, 1st Ex. Sess., Ch. 62.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Added by Stats. 1964, 1st Ex. Sess., Ch. 62.

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