Title 63B Chapter 7 Section 115

Bonds
1998 Bonding
Section 115
Legal investment status.

            

63B-7-115.   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 67, 1998 General Session