DIVISION 5. FLOOD CONTROL 8000-9651›PART 5. RECLAMATION BOARD BOND ACT 9250-9577›CHAPTER 6. Bonds 9395-9527›ARTICLE 9. Refunding Bonds 9510-9527

§ 9526

California Water Code · 2018-11 edition · updated 2026-10-04 · California

The refunding bonds issued by the drainage district pursuant to this part shall be legal investments for all trust funds and for the funds of all insurance companies, banks, both commercial and savings, and trust companies, and for the State school funds, and whenever any moneys or funds may by law now or hereafter enacted be invested in bonds of cities, cities and counties, counties or school districts, in the State, such moneys or funds may be invested in the bonds of the drainage district.

(Added by Stats. 1943, Ch. 369.)

Get a plain-English answer with a citation back to this text.

Ask AI about this code

Export this section

▸Contents — California Water Code

California Water Code

GoCodebook provides public access, search, citation, multilingual explanation, and practical interpretation of legally adopted building regulations. It is not a substitute for the official ICC or California code publications.