68-2014. Bonds eligible for investment.
68-2014
68-2014. Bonds eligible for investment.Bonds issued by the authority under the provisions of this act arehereby made securities in which all insurance companies, trust companies,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 arehereby made securities which may properly and legally be deposited with andreceived by any state or municipal officer or any agency or politicalsubdivision of the state for any purpose for which the deposit of bonds orobligations of the state is now or may hereafter be authorized by law.
History: L. 1953, ch. 308, § 14; April 7.