ยง37D-7ย  Financing agreements legalinvestments.ย  All public officers and agencies, political subdivisions,insurance companies and associations, banks, savings banks, and savingsinstitutions, including building or savings and loan associations, credit unions,trust companies, personal representatives, guardians, trustees, and otherpersons and fiduciaries in the State who are regulated by law as to thecharacter of their investment, may legally invest moneys within their controland available for investment in financing agreements of the department or anyagency.ย  The purpose of this section is to authorize any person, firm,corporation, association, political subdivision, body, or officer, public orprivate, to use any funds or moneys owned or controlled by them, includingwithout prejudice to the generality of the foregoing sinking, insurance,investment, retirement, compensation, pension and trust funds, and moneys heldon deposit, for the purchase of any financing agreements of the department orany agency. [L 1996, c 119, pt of ยง2; am L 2001, c 200, pt of ยง3; am L 2007, c126, pt of ยง1]