2544 - Notes and bonds as legal investments.

§  2544.  Notes and bonds as legal investments. The notes and bonds of  the corporation are hereby made securities in which all public  officers  and   bodies   of  this  state  and  all  municipalities  and  municipal  subdivisions, all insurance companies and associations and other persons  carrying on an insurance business, all banks, bankers, trust  companies,  savings  banks  and  savings  associations,  including  savings and loan  associations, building and loan associations, investment  companies  and  other  persons  carrying  on  a  banking  business,  all administrators,  guardians, executors, trustees and  other  fiduciaries,  and  all  other  persons  whatsoever who are now or may hereafter be authorized to invest  in bonds or in other obligations of the state, may properly and  legally  invest  funds, including capital, in their control or belonging to them.  The notes and bonds  are  also  hereby  made  securities  which  may  be  deposited  with and may be received by all public officers and bodies of  the state and all municipalities and public corportions for any  purpose  for  which the deposit of bonds or other obligations of the state is now  or may hereafter be authorized.