California Legal Codes and Statutes

§ 53361.1

Added by Stats. 1982, Ch. 1451, Sec. 1.

All bonds issued by any district payable from taxes or charges are legal investments for all trust funds, for the trust funds of all insurance companies, the state school funds, and any funds which may be invested in bonds of cities, counties, cities and counties, school districts, or municipalities in the state.

Cite this section

Cal. Gov. Code § 53361.1 (2026)
https://ca.codecond.com/codes/gov/title-5-local-agencies/division-2-cities-counties-and-other-agencies/part-1-powers-and-duties-common-to-cities-counties-and-other-agencies/chapter-2-5-the-mello-roos-community-facilities-act-of-1982/article-5-bonds/section-53361.1

Other sections in Article 5 - Bonds

§ 53345§ 53345.3§ 53345.8§ 53346§ 53348§ 53349§ 53350§ 53351§ 53352§ 53353.5…§ 53363.5§ 53363.7§ 53363.8§ 53363.9§ 53364§ 53364.2§ 53364.5§ 53365§ 53365.5§ 53365.7

This content is for reference, learning, and study purposes only. All legal text should be verified against the official California Legislative Information website, which is the authoritative source for California law. Data last processed: February 15, 2026.