Section 3-205 - Bonds and other evidences of obligation are investment securities.
§ 3-205. Bonds and other evidences of obligation are investment securities.
Notwithstanding any other provision of law or any recitals in the instruments, the bonds, notes, and other evidences of obligation issued under this subtitle are investment securities under the laws of this State.
[An. Code 1957, art. 94A, § 5; 1977, ch. 13, § 2.]