6-25-25. Economic development revolving fund bonds; legal
71 words·~1 min read·
/nm/chapter-6-public-finances/article-25-statewide-economic-development/6-25-25·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
investments.
The economic development revolving fund bonds or notes issued under the Statewide Economic Development Finance Act shall be legal investments in which all insurance companies, banks and savings and loan associations organized under the laws of the state, public officers and public bodies and all administrators, guardians, executors, trustees and other fiduciaries, including the state investment council, may properly and legally invest funds.
History: Laws 2005, ch. 103, § 22.