Cal. HNC § 7176
This is the official text of Cal. HNC § 7176, part of California’s Harbors and Navigation Code — regulates ports, harbors, and boating.
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Official statutory text
A bank may act as depositary, paying agent or fiscal agent for the holding or handling of district funds, notwithstanding the fact that a member of the board is an officer, employee or stockholder of the bank, or of a holding company that owns any of the stock of the bank.
Status: in_force · Read it on the official government site
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