45-1717. Bonds and notes legal
investments
The bonds and notes are hereby made securities in which all public officers and
bodies of the state and all municipalities and political subdivisions, all insurance
companies and associations and other persons carrying on an insurance business, all
banks, bankers, trust companies, savings banks and savings associations, including
savings and loan associations, building and loan associations, investment companies and
other persons carrying on a banking business, all administrators, guardians, executors,
trustees and other fiduciaries and all other persons whatsoever who are now or may
hereafter be 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. The bonds and notes are also hereby made securities which may be deposited with
and may be received by all public officers and bodies of the state and all municipalities
and political subdivisions for any purpose for which the deposit of bonds or other
obligations of the state is now or may hereafter be authorized.
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