7-25A-28. Bonds constituting legal investments.
41 words·~1 min read·
/sd/title-7/chapter-7-25/7-25a-28A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Notwithstanding any provisions of any other law to the contrary, all bonds issued under the provisions of this chapter shall constitute legal investments for savings and loans, savings banks, banks, trust companies, insurance companies, personal representatives, trustees, conservators, and other fiduciaries.