California Streets and Highways Code Section 27227

CA St & Hwy Code § 27227 (2017)  

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.)

Last modified: October 25, 2018