Section 24-2-9 Investment by Public Bodies, Etc., in Bonds, Etc., Issued by Housing Authorities, Etc.
76 words·~1 min read·
/al/title-24-housing/chapter-2-redevelopment-projects/24-2-9·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Bonds or other obligations issued by a housing authority or the governing body of any incorporated city or town, in connection with a redevelopment project pursuant to this chapter, shall be security for public deposits and legal investments to the same extent and for the same persons, institutions, associations, corporations, and other bodies and officers as bonds or other obligations issued pursuant to this title in connection with the development of slum clearance and housing projects.