Section 52228 Of Article 2. Sale From California Water Code >> Division 15. >> Part 8. >> Chapter 2. >> Article 2.
52228
. Bonds issued pursuant to this chapter which have been
investigated and certified by any officer of this state authorized to
make such investigation and certification, and declared to be legal
for investments by savings banks of the state, may be purchased, or
received in pledge for loans by savings banks, trust companies,
insurance companies, guardians, conservators, executors,
administrators and special administrators, or by any public officer
or officers of this state or of any county, city, or other municipal
or corporate body within this state having or holding funds which
they are authorized to invest or loan.