California Proposition 15 (1914)

From Ballotpedia

Proposition 15 appeared on the ballot in California in 1914 as an initiated constitutional amendment. Its goal was to authorize banks in which public funds are deposited to furnish, as security, bonds of districts within municipalities or of a corporation qualified to act as sole surety in value.

It was defeated at the polls.

See also

• California 1914 ballot propositions
• History of Initiative and Referendum in California

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