Statute · California Streets and Highways Code
Cal. Sts. & High. Code § 9615 — Issuance of Refunding Bonds
Cal. Sts. & High. Code § 9615
- Type
- Statute
- Source
- California Streets and Highways Code
- Jurisdiction
- California
- Date
- 1984-07-17
- Current through
- Nov 2, 2026 (California Legislative Counsel)
Any proceeds of sale of any refunding bonds may be deposited in escrow or trust with any bank or trust company within or without the state, or both within and without the state, shall be secured in accordance with the laws applicable to funds of the city and shall be invested in federal securities.
Citator
Cal. Sts. & High. Code § 9615 — Issuance of Refunding Bonds is in force in the current edition of the Code, and nothing recorded condemns it.
Any proceeds of sale of any refunding bonds may be deposited in escrow or trust with any bank or trust company within or without the state, or both within and without the state, shall be secured in accordance with the laws applicable to funds of the city and shall be invested in federal securities.