ยง37D-7ย  Financing agreements legal
investments.ย  All public officers and agencies, political subdivisions,
insurance companies and associations, banks, savings banks, and savings
institutions, including building or savings and loan associations, credit unions,
trust companies, personal representatives, guardians, trustees, and other
persons and fiduciaries in the State who are regulated by law as to the
character of their investment, may legally invest moneys within their control
and available for investment in financing agreements of the department or any
agency.ย  The purpose of this section is to authorize any person, firm,
corporation, association, political subdivision, body, or officer, public or
private, to use any funds or moneys owned or controlled by them, including
without prejudice to the generality of the foregoing sinking, insurance,
investment, retirement, compensation, pension and trust funds, and moneys held
on deposit, for the purchase of any financing agreements of the department or
any agency. [L 1996, c 119, pt of ยง2; am L 2001, c 200, pt of ยง3; am L 2007, c
126, pt of ยง1]