4-60-11. Bonds made legal investments.
54 words·~1 min read·
/nm/chapter-4-counties/article-60-county-pollution-control-revenue-bonds/4-60-11·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Bonds issued under the provisions of the County Pollution Control Revenue Bond Act shall be legal investments for savings banks and insurance companies organized under the laws of this state and shall be eligible for pledging as collateral for public deposits.
History: 1978 Comp., § 4-60-11, enacted by Laws 1978, ch. 181, § 11.