California · Public Utilities Code - PUC

PUC §12872: Such investment may be made by direct purchase of any issue of such bonds, treasury notes, or obligations, or part thereof, at the original sale or by the subsequent purchase of the bonds, treasury no

What this law says, in plain English

This statute permits direct purchase of government bonds, treasury notes, or obligations at original sale or through subsequent purchase.

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Such investment may be made by direct purchase of any issue of such bonds, treasury notes, or obligations, or part thereof, at the original sale or by the subsequent purchase of the bonds, treasury notes, or obligations.

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