California Financial Code

§ 7269

FIN § 7269Div. 2 · Ch. 6 · Art. 2.5

Statute text

In 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 subdivision, public corporation, or district (herein referred to generally as public corporations) of any such state or commonwealth and of any department, board, agency, or authority of any such state or commonwealth or of any public corporation subject to the following:

(a)The revenue securities constitute obligations payable out of the revenues from a revenue-producing property owned, controlled, or operated by the state, commonwealth, public corporation, or by a department, board, agency, or authority thereof and are secured by those revenues.

(b)Either:

…

Legislative history

Added by Stats. 1988, Ch. 718, Sec. 14.