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Earlier editions: 2020-112018-112026-09

DIVISION 16. HIGHWAY DISTRICTS 25000-27567›PART 3. BRIDGE AND HIGHWAY DISTRICTS 27000-27567›CHAPTER 12. Authority for Issuance and Sale of District Bonds 27220-27229

§ 27227

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

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.

(Added by Stats. 1943, Ch. 286.)

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California Streets and Highways Code

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