California § 5590 - The bonds of any district issued pursuant to this article, are legal investments
Full text of California Public Contract Code - PCC § 5590 — The bonds of any district issued pursuant to this article, are legal investments, with citation guidance and answers to common questions.
§ 5590. The bonds of any district issued pursuant to this article, are legal investments
The bonds of any district issued pursuant to this article, are legal investments for all trust funds, and for the funds of all insurance companies, banks, both commercial and savings, and trust companies, and for the State school funds; and whenever any money or funds may by law be invested in bonds of cities, cities and counties, counties, or school districts in the State of California, such money or funds may be invested in district bonds issued in accordance with the provisions of this article; and whenever bonds of cities, cities and counties, counties, school districts, or municipalities may by law be used as security for the performance of any act, district bonds may be so used.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 5590
What does Public Contract Code - PCC § 5590 cover?
Section 5590 ("The bonds of any district issued pursuant to this article, are legal investments") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite California § 5590?
A common citation format is "Public Contract Code - PCC § 5590" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of California law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.
How does California § 5590 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in California.