260.070. The notes and bonds of the authority are securitiesin which all public officers and bodies of this state and allmunicipalities and municipal subdivisions, all insurancecompanies and associations and other persons carrying on aninsurance business, all banks, trust companies, savingsassociations, savings and loan associations, investmentcompanies, all administrators, guardians, executors, trustees,and other fiduciaries, and all other persons whatsoever who arenow or may hereafter be authorized to invest in bonds or otherobligations of the state, may properly and legally invest funds,including capital, in their control or belonging to them.
(L. 1972 H.B. 1041 ยง 14)Effective 1-22-73