Sec. 18.55.260. Legality of corporation's bonds as investments.
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/ak/title-18/chapter-55/18-55-260A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 18.55.260. Legality of corporation's bonds as investments.
Bonds of the corporation that are issued under AS 18.55.100 — 18.55.290 are legal and proper investments and security for public and private banking, insurance, and trust funds.