IC 30-1-4
    Chapter 4. Investments in Inter-American Development BankSecurities

IC 30-1-4-1
Eligible investments
    Sec. 1. (a) Obligations issued by or for the Inter-AmericanDevelopment Bank or the African Development Bank are declaredto be eligible investments for all funds authorized by law to beinvested by any and all of the following:
        (1) Any financial institution (as defined in IC 28-1-1-3).
        (2) Individual or corporate fiduciaries.
        (3) Fraternal beneficiary societies (as defined in IC 27-11-1-11).
    (b) Nothing in this section may be construed to change anylimitations as to amounts which may be invested in obligations ofany one (1) obligor as may be imposed by laws regulating theinvestments of the various financial institutions, industrial loan andinvestment companies, and trust funds.
(Formerly: Acts 1963(ss), c.14, s.1.) As amended by Acts 1982,P.L.171, SEC.87; P.L.49-1988, SEC.3.