18A:72A-15 - Bonds as legal investments

18A:72A-15.  Bonds as legal investments    Bonds and notes issued by the authority under the provisions of this chapter  are hereby made securities in which the state and all political subdivisions of  the state, their officers, boards, commissions, departments or other agencies,  all banks, bankers, savings banks, trust companies, savings and loan  associations, investment companies and other persons carrying on a banking  business, all insurance companies, insurance associations, and other persons  carrying on an insurance business, and all administrators, executors,  guardians, trustees and other fiduciaries, and all other persons whatsoever who  now are or may hereafter be authorized to invest in bonds or other obligations  of the state, may properly and legally invest any funds, including capital  belonging to them or within their control;  and said bonds, notes or other  securities or obligations are hereby made securities which may properly and  legally be deposited with and received by any state or municipal officers or  agency of the state for any purpose for which the deposit of bonds or other  obligations of the state is now or may hereafter be authorized by law.
 
L.1967, c.271