Title 63B Chapter 6 Section 415

Bonds
1997 Bonding
Section 415
Legal investment status.

            

63B-6-415.   Legal investment status.

            Bonds issued under this chapter are legal investments for all state trust funds, insurance companies, banks, trust companies, and the State School Fund and may be used as collateral to secure legal obligations.


Enacted by Chapter 391, 1997 General Session