§ 45-37.1-10 - Bonds and notes eligible for investment. - Rhode Island Statutes

SECTION 45-37.1-10

   § 45-37.1-10  Bonds and notes eligible forinvestment. – Bonds and notes issued by the corporation under the provisions of this chapterare securities in which all public officers and public bodies of the state andits political subdivisions, all insurance companies, credit unions, buildingand loan associations, trust companies, banking associations, investmentcompanies, executors, administrators, trustees, and other fiduciaries, pension,profit sharing and retirement funds may properly and legally invest funds,including capital in their control or belonging to them. These bonds and notesare securities which may properly and legally be deposited with and received byany state or municipal officer, or any agency or political subdivision of thestate, for any purpose for which the deposit of bonds or obligations of thestate is now or may be authorized by law.