Statute · California Streets and Highways Code

Cal. Sts. & High. Code § 27227 — Authority for Issuance and Sale of District Bonds

Cal. Sts. & High. Code § 27227

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

All bonds issued by the district shall be legal investments for savings banks, and shall have the same force and effect and shall be equivalent to bonds issued by any municipality, and shall be exempt from all taxation within this State.

Citator

Cal. Sts. & High. Code § 27227 — Authority for Issuance and Sale of District Bonds is in force in the current edition of the Code, and nothing recorded condemns it.

All bonds issued by the district shall be legal investments for savings banks, and shall have the same force and effect and shall be equivalent to bonds issued by any municipality, and shall be exempt from all taxation within this State.