Statute · California Streets and Highways Code

Cal. Sts. & High. Code § 25371 — General Bond Provisions

Cal. Sts. & High. Code § 25371

Type: Statute
Source: California Streets and Highways Code
Jurisdiction: California
Current through: Nov 2, 2026 (California Legislative Counsel)

All bonds issued by joint highway districts shall be legal investments for the funds of:

Citator

Cal. Sts. & High. Code § 25371 — General Bond Provisions is in force in the current edition of the Code, and nothing recorded condemns it.

All bonds issued by joint highway districts shall be legal investments for the funds of:

(a) Trusts.

(b) Insurance companies.

(c) Banks, both commercial and savings.

(d) Trust companies.

(e) State schools.

(f) Any other body whose funds may be invested in bonds of cities, counties, school districts or irrigation districts within the State of California.