Statute · California Harbors and Navigation Code
Cal. Harb. & Nav. Code § 7176 — General
Cal. Harb. & Nav. Code § 7176
- Type
- Statute
- Source
- California Harbors and Navigation Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
A bank may act as depositary, paying agent or fiscal agent for the holding or handling of district funds, notwithstanding the fact that a member of the board is an officer, employee or stockholder of the bank, or of a holding company that owns any of the stock of the bank.
Citator
Cal. Harb. & Nav. Code § 7176 — General is in force in the current edition of the Code, and nothing recorded condemns it.
A bank may act as depositary, paying agent or fiscal agent for the holding or handling of district funds, notwithstanding the fact that a member of the board is an officer, employee or stockholder of the bank, or of a holding company that owns any of the stock of the bank.