Cal. Wat. Code § 81432

Current through the 2023 Legislative Session.
Section 81432 - Bonds and other evidences of indebtedness as legal investments

Bonds and other evidences of indebtedness issued by the agency are legal investments for all trust funds and for funds of all insurers, commercial and savings banks, trust companies, and state schools. Funds that may be invested in bonds of cities, cities and counties, counties, school districts, or other local agencies may also be invested in bonds and other evidences of indebtedness of the agency.

Ca. Water Code § 81432

Added by Stats 2002 ch 844 (AB 2058),s 1, eff. 1/1/2003.
See Stats 2002 ch 844 (AB 2058), s 2.