State Codes and Statutes

Statutes > New-york > Tra > Article-2-d > 61

§ 61. Bonds and notes as legal investments. The bonds and notes of the  Utica  transit  authority are hereby made securities in which all public  officers and bodies of the state and all  municipalities  and  municipal  subdivisions thereof, all insurance companies and associations and other  persons  carrying  on  an  insurance business, all banks, bankers, trust  companies, savings banks and savings associations, including savings and  loan associations, building and loan associations, investment  companies  and  other  persons  carrying on a banking business, all administrators,  guardians, executors, trustees and  other  fiduciaries,  and  all  other  persons whatsoever who are now, or may hereafter be authorized to invest  in  bonds  or  other  obligations of the state, may properly and legally  invest funds, including capital, in their control or belonging to  them.  Notwithstanding  the  provisions  of any other general or special law to  the contrary, the bonds and notes are also hereby made securities  which  may  be  deposited  with  and may be received by all public officers and  bodies of the state of New York and  all  municipalities  and  municipal  subdivisions  thereof  for any purpose for which the deposit of bonds or  other obligations of the state is now, or may hereafter be, authorized.

State Codes and Statutes

Statutes > New-york > Tra > Article-2-d > 61

§ 61. Bonds and notes as legal investments. The bonds and notes of the  Utica  transit  authority are hereby made securities in which all public  officers and bodies of the state and all  municipalities  and  municipal  subdivisions thereof, all insurance companies and associations and other  persons  carrying  on  an  insurance business, all banks, bankers, trust  companies, savings banks and savings associations, including savings and  loan associations, building and loan associations, investment  companies  and  other  persons  carrying on a banking business, all administrators,  guardians, executors, trustees and  other  fiduciaries,  and  all  other  persons whatsoever who are now, or may hereafter be authorized to invest  in  bonds  or  other  obligations of the state, may properly and legally  invest funds, including capital, in their control or belonging to  them.  Notwithstanding  the  provisions  of any other general or special law to  the contrary, the bonds and notes are also hereby made securities  which  may  be  deposited  with  and may be received by all public officers and  bodies of the state of New York and  all  municipalities  and  municipal  subdivisions  thereof  for any purpose for which the deposit of bonds or  other obligations of the state is now, or may hereafter be, authorized.

State Codes and Statutes

State Codes and Statutes

Statutes > New-york > Tra > Article-2-d > 61

§ 61. Bonds and notes as legal investments. The bonds and notes of the  Utica  transit  authority are hereby made securities in which all public  officers and bodies of the state and all  municipalities  and  municipal  subdivisions thereof, all insurance companies and associations and other  persons  carrying  on  an  insurance business, all banks, bankers, trust  companies, savings banks and savings associations, including savings and  loan associations, building and loan associations, investment  companies  and  other  persons  carrying on a banking business, all administrators,  guardians, executors, trustees and  other  fiduciaries,  and  all  other  persons whatsoever who are now, or may hereafter be authorized to invest  in  bonds  or  other  obligations of the state, may properly and legally  invest funds, including capital, in their control or belonging to  them.  Notwithstanding  the  provisions  of any other general or special law to  the contrary, the bonds and notes are also hereby made securities  which  may  be  deposited  with  and may be received by all public officers and  bodies of the state of New York and  all  municipalities  and  municipal  subdivisions  thereof  for any purpose for which the deposit of bonds or  other obligations of the state is now, or may hereafter be, authorized.