349.085. Notes and bonds declared to be approved investments for fiduciaries. - Missouri Statutes

Notes and bonds declared to be approved investments for fiduciaries.

349.085. The notes and bonds of the corporation aresecurities in which all public officers and bodies of this stateand all municipalities 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. 1977 S.B. 267 § 16)