Title 63B Chapter 11 Section 315

Bonds
2002 Bonding and Financing Authorizations
Section 315
Legal investment status.

            

63B-11-315.   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 278, 2002 General Session