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30.04.129 - Investment in obligations issued or guaranteed by multilateral development bank.

Investment in obligations issued or guaranteed by multilateral development bank.

Any bank or trust company may invest in obligations issued or guaranteed by any multilateral development bank in which the United States government formally participates. Such investment in any one multilateral development bank shall not exceed five percent of the bank's or trust company's paid-in capital and surplus.

[1985 c 301 ยง 2.]

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