Sec. 10a-239. Bonds declared legal investments.
Sec. 10a-239. Bonds declared legal investments. Bonds issued by the authority
under the provisions of this chapter are hereby made securities in which all public offices
and public bodies of the state and its political subdivisions, all insurance companies,
trust companies, savings banks, cooperative banks, banking associations, investment
companies, executors, administrators, trustees and other fiduciaries may properly and
legally invest funds, including capital in their control or belonging to them. Such bonds
are hereby made securities which may properly and legally be deposited with or received
by any state or municipal officer or any agency or political subdivision of the state for
any purpose for which the deposit of bonds or obligations of the state is now or may
hereafter be authorized by law.
(P.A. 82-313, S. 19, 28.)