18A:72A-15.Ā  Bonds as legal investments Bonds and notes issued by the authority under the provisions of this chapterĀ  are hereby made securities in which the state and all political subdivisions ofĀ  the state, their officers, boards, commissions, departments or other agencies,Ā  all banks, bankers, savings banks, trust companies, savings and loanĀ  associations, investment companies and other persons carrying on a bankingĀ  business, all insurance companies, insurance associations, and other personsĀ  carrying on an insurance business, and all administrators, executors,Ā  guardians, trustees and other fiduciaries, and all other persons whatsoever whoĀ  now are or may hereafter be authorized to invest in bonds or other obligationsĀ  of the state, may properly and legally invest any funds, including capitalĀ  belonging to them or within their control;Ā  and said bonds, notes or otherĀ  securities or obligations are hereby made securities which may properly andĀ  legally be deposited with and received by any state or municipal officers orĀ  agency of the state for any purpose for which the deposit of bonds or otherĀ  obligations of the state is now or may hereafter be authorized by law.
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L.1967, c.271
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