Cal. Sts. & Hy. Code § 27227

Current through the 2023 Legislative Session.
Section 27227 - Legal investments for banks; exemption from taxation

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.

Ca. Sts. and High. Code § 27227

Added by Stats. 1943, Ch. 286.