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HomeGovernment CodeDiv. 2Pt. 2Ch. 15Art. 2§ 26449 Bond Investment Authorization

§ 26449 Bond Investment Authorization

Government Code·California
AI Summary·Official Text·Key Terms·Related Statutes·References
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§ 26449 Bond Investment Authorization

Key Takeaways

  • •Bonds issued under this law are safe investments for public and private money.
  • •Government and private groups can invest in these bonds without worry.
  • •The law makes sure these bonds are a good place to put money.

Example

A school wants to invest extra money to earn more for new books and computers.

The school can buy these bonds because the law says they are safe investments.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source
View on CA.gov

§ 26449 Bond Investment Authorization

All bonds issued under this chapter shall be legal investments for both public and private funds. (Added by Stats. 1947, Ch. 822.)

Last verified: January 22, 2026

Key Terms

bonds

Related Statutes

  • § 26437 Bond Issuance And Registration
  • § 26438 Bond Interest Rate Limits
  • § 26439 Bond Call Provisions
  • § 26448 Bond Taxation Exemption
  • § 26452 Bond Negotiability Rules

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Government Code. Section 26449.
View Official Source