2020 California Code
Streets and Highways Code - SHC
DIVISION 9 - CHANGE OF GRADE AND VACATION
PART 2 - SEPARATION OF GRADE DISTRICTS
CHAPTER 8 - The Bond Issue
Section 8210.

8210.  

The bonds shall be legal investment: for all trust funds; the funds of all insurance companies, banks, and trust companies; the state school funds, and for all sinking funds under the control of the State Treasurer; and whenever any moneys may by law now or hereafter enacted be invested in or loaned upon the security of bonds of states, counties or school districts in the State, such moneys may be invested or loaned on the security of the bonds of such district.

(Added by Stats. 1949, Ch. 1147.)

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