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Earlier editions: 2020-112018-112026-09

DIVISION 16. HIGHWAY DISTRICTS 25000-27567›PART 1. JOINT HIGHWAY DISTRICTS 25000-25521›CHAPTER 16. General Bond Provisions 25370-25377

§ 25371

California Streets and Highways Code · 2026-10 edition · updated 2026-10-04 · California

All bonds issued by joint highway districts shall be legal investments for the funds of:

(a) Trusts.

(b) Insurance companies.

(c) Banks, both commercial and savings.

(d) Trust companies.

(e) State schools.

(f) Any other body whose funds may be invested in bonds of cities, counties, school districts or irrigation districts within the State of California.

(Added by Stats. 1943, Ch. 284.)

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California Streets and Highways Code

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