2551 - Bonds or notes legal investments for public authorities.

§  2551.  Bonds  or  notes  legal  investments for public authorities.  Bonds and notes of the corporation  are  hereby  declared  to  be  legal  investments  for  monies of public corporations of the state of New York  and may be used to secure deposits of monies  of  such  corporations  in  banks  or  trust companies authorized to do business in the state of New  York.