Sec. 22a-271. (Formerly Sec. 19-524dd). Bonds, legal investments.
Sec. 22a-271. (Formerly Sec. 19-524dd). Bonds, legal investments. Bonds issued by the authority under the provisions of this chapter are hereby made securities in
which all public officers and public bodies of the state and its political subdivisions, all
insurance companies, credit unions, building and loan associations, investment companies, banking associations, trust companies, executors, administrators, trustees and other
fiduciaries and pension, profit-sharing and retirement funds 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 and 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. 73-459, S. 15, 26.)
History: Sec. 19-524dd transferred to Sec. 22a-271 in 1983.