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DIVISION 31. BAY AREA WATER SUPPLY AND CONSERVATION AGENCY 81300-81461›CHAPTER 4. Powers and Functions of Agency 81415-81442›ARTICLE 2. Financial Matters 81425-81435

§ 81432

California Water Code · 2020-11 edition · updated 2026-10-04 · California

Bonds and other evidences of indebtedness issued by the agency 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 agencies may also be invested in bonds and other evidences of indebtedness of the agency.

(Added by Stats. 2002, Ch. 844, Sec. 1. Effective January 1, 2003.)

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