Sec 36-491.05. Bonds as legal investments  


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  • Bonds issued by the authority are securities in which all public officers and bodies of this state and all counties, cities, towns and other municipal corporations, political subdivisions and public bodies and public officers of any thereof, all banks, bankers, trust companies, savings banks and institutions, building and loan associations, savings and loan associations, investment companies, insurance companies and associations and all executors, administrators, guardians, trustees and other fiduciaries may legally invest any sinking funds, monies or other funds belonging to them or under their control.