53B-13-106. Investments in bonds of the board.
The bonds of the board are securities, in which public officers and bodies of this state,
municipalities and municipal subdivisions, insurance companies and associations, persons
carrying on an insurance business, banks, trust companies, savings banks and savings
associations, saving and loan associations, investment companies, administrators, guardians,
executors, trustees, other fiduciaries, and all other persons who are authorized to invest in bonds
or other obligations of the state, may properly and legally invest funds, including capital, in their
control or belonging to them.
Enacted by Chapter 167, 1987 General Session
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Last revised: Wednesday, July 23, 2008