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PUBLIC UTILITY DISTRICTS - FUNDS OF - DEPOSIT IN SAVINGS AND LOAN ASSOCIATIONS
PUBLIC UTILITY DISTRICTS ‑- FUNDS OF ‑- DEPOSIT IN SAVINGS AND LOAN ASSOCIATIONS A public utility district may invest its funds in any state or federal savings and loan association doing business in this state, up to the amount which is insured by the Federal Savings and Loan Insurance Corporation, and such savings and loan association need not post security for such deposit.
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