All bonds of the district, to the same extent as bonds of any other municipality, are legal for use by any state or national bank or banks in the the State as security for the deposit of funds of the State or of any county, city and county, city, municipality or other public or municipal corporation within the State.
Cal. Pub. Util. Code § 50261
Status as Investments
Known as the San Joaquin Regional Transit District Act
The act spans §§ 50000–50507 (187 sections).
Added by Stats. 1963, Ch. 839.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.