California Water Code 24351 – Where the deposit of money is insured by the Federal Deposit …
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Where the deposit of money is insured by the Federal Deposit Insurance Corporation no additional security need be required from the bank for the portion of the district’s deposits so insured.
(Added by Stats. 1943, Ch. 372.)
Terms Used In California Water Code 24351
- 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.