California Legal Codes and Statutes

§ 9615

Added by Stats. 1984, Ch. 496, Sec. 1. Effective July 17, 1984.

Any proceeds of sale of any refunding bonds may be deposited in escrow or trust with any bank or trust company within or without the state, or both within and without the state, shall be secured in accordance with the laws applicable to funds of the city and shall be invested in federal securities.

Cite this section

Cal. Sts. & High. Code § 9615 (2026)
https://ca.codecond.com/codes/shc/division-11-5-refunding-act-of-1984-for-1915-improvement-act-bonds/chapter-3-issuance-of-refunding-bonds/section-9615

Other sections in Chapter 3 - Issuance of Refunding Bonds

§ 9600§ 9601§ 9601.5§ 9602§ 9603§ 9604§ 9605§ 9606§ 9607§ 9607.5…§ 9612§ 9613§ 9614§ 9615§ 9616§ 9617§ 9618§ 9619§ 9620§ 9622

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