§ 90680 All bonds including refunding bonds issued by a district are legal …
§ 90681 All bonds of the district, to the same extent as bonds of any other …

Terms Used In California Codes > Public Utilities Code > Division 10 > Part 8 > Chapter 7 > Article 5 - Status as Investments

  • City: includes city and county and "incorporated town" but does not include "unincorporated town" or "village. See California Public Utilities Code 19
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • County: includes city and county. See California Public Utilities Code 18
  • National Bank: A bank that is subject to the supervision of the Comptroller of the Currency. The Office of the Comptroller of the Currency is a bureau of the U.S. Treasury Department. A national bank can be recognized because it must have "national" or "national association" in its name. Source: OCC
  • State: means the State of California, unless applied to the different parts of the United States. See California Public Utilities Code 17