§ 81656
65 words·~1 min read·
/ca/water-code/81656A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Bonds and other evidences of indebtedness issued by the authority 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 entities may also be invested in bonds and other evidences of indebtedness of the authority.