California Public Utilities Code 22707 – When bonds issued pursuant to this part have been investigated and …
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When bonds issued pursuant to this part have been investigated and certified by any authorized officer of the state and are declared to be legal investments for savings banks, they may be purchased or received in pledge for loans by savings banks, building and loan companies, trust companies, insurance companies, guardians, conservators, executors, administrators, and special administrators, or by any public officer of the state or of any county or other municipal or corporate body in the state having or holding funds which they may legally invest or loan.
(Amended by Stats. 1979, Ch. 730.)
Terms Used In California Public Utilities Code 22707
- County: includes city and county. See California Public Utilities Code 18
- State: means the State of California, unless applied to the different parts of the United States. See California Public Utilities Code 17