California Streets and Highways Code 27227 – All bonds issued by the district shall be legal investments for …
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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.
(Added by Stats. 1943, Ch. 286.)
Terms Used In California Streets and Highways Code 27227
- district: means a bridge and highway district unless the context clearly indicates otherwise. See California Streets and Highways Code 27001