§39A‑48  Special purpose revenue bondsas legal investments and lawful security.  The special purpose revenuebonds issued pursuant to this part shall be and are declared to be legal andauthorized investments for banks, savings banks, trust companies, savings andloan associations, insurance companies, credit unions, fiduciaries, trustees,guardians, and for all public funds of the State or other politicalcorporations or subdivisions of the State.  Such special purpose revenue bondsshall be eligible to secure the deposit of any and all public funds of theState and any and all public funds of counties or other political corporationsor subdivisions of the State, and such bonds shall be lawful and sufficientsecurity for such deposits to the extent of their value when accompanied by allunmatured coupons appertaining thereto. [L 1980, c 255, pt of §2; am L 1990, c59, §3]