9-41A-29. Investment of funds.
49 words·~1 min read·
/sd/title-9/chapter-9-41/9-41a-29·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Subject to any agreement with bondholders or noteholders, a municipal power agency may invest money of the municipal power agency not required for immediate use, including proceeds from the sale of any bonds or notes, in obligations, securities, and other investments as the municipal power agency shall deem prudent.