California Financial Code CHAPTER 10 - Legal Investments for Nonbank Licensees

• Section 800.
  As used in this chapter, unless the context requires otherwise, the following terms have the following meanings:(a) “Net direct debt” of any public corporation means all...
• Section 801.
  Any securities or other assets that are described in Sections 803 to 819, inclusive, are legal investments for savings banks.(Added by Stats. 2011, Ch. 243,...
• Section 802.
  Where any laws of this state provide that the moneys of any pension fund, retirement plan, trust fund, or the moneys of any special fund...
• Section 803.
  Gold and silver bullion and United States mint certificates of ascertained value.(Added by Stats. 2011, Ch. 243, Sec. 2. (SB 664) Effective January 1, 2012.)
• Section 804.
  Stock of a federal reserve bank or of a federal home loan bank to the extent authorized by Section 1325.(Added by Stats. 2011, Ch. 243,...
• Section 805.
  Bonds or other interest-bearing notes and obligations of the United States and those for which the faith and credit of the United States are pledged...
• Section 806.
  Bonds of the State of California and those for which the faith and credit of the State of California are pledged for the payment of...
• Section 807.
  Bonds of any flood control and water conservation districts, or any zone thereof, having an assessed valuation on taxable real property of not less than...
• Section 808.
  Bonds of any other political subdivision, public corporation, or district of the State of California (herein referred to generally as public corporations) having the power,...
• Section 809.
  (a) Any of the following subject to the conditions set forth in subdivision (b) to (d), inclusive.(1) Bonds or other evidences of indebtedness of, or which are...
• Section 810.
  Bonds of any irrigation district, water storage district, water conservation district, county water district, reclamation district, drainage district, and any district the primary function of...
• Section 811.
  (a) Bonds, consolidated bonds, collateral trust debentures, consolidated debentures, or other obligations issued by federal land banks or federal intermediate credit banks established under the Federal...
• Section 812.
  Bonds, notes or other obligations issued by the Federal Financing Bank, the United States Postal Service, or issued or assumed by the International Bank for...
• Section 813.
  (a) Notes with a maturity not exceeding 15 months after the date of issue, issued in anticipation of uncollected taxes, income, revenue, cash receipts, and other...
• Section 814.
  Revenue securities of any state of the United States, or of the Commonwealth of Puerto Rico, and of any city, county, city and county, political...
• Section 815.
  Bonds of any local public housing agency (as defined in the United States Housing Act of 1937, as amended) that are secured by either of...
• Section 816.
  Bonds secured by an insurance commitment of the Federal Housing Administration.(Added by Stats. 2011, Ch. 243, Sec. 2. (SB 664) Effective January 1, 2012.)
• Section 817.
  Evidences of indebtedness of companies incorporated in the United States and, directly or indirectly, engaged in manufacturing, extraction, merchandising, or commercial financing and in bonds...
• Section 818.
  Fixed interest railroad bonds meeting the requirements of subdivisions (a) and (b); bonds secured by a mortgage on jointly operated railroad facilities meeting the requirements...
• Section 819.
  Bonds and debentures of gas, electric, or gas and electric companies meeting the requirements of subdivision (a); bonds and debentures of telephone companies meeting the...

Last modified: October 22, 2018