Bonds issued under this chapter are securities in which all public officers and public bodies of the state and its political subdivisions, all insurance companies, trust companies, banking associations, investment companies, executors, administrators, trustees, and other fiduciaries may properly and legally invest funds, including capital in their control or belonging to them. These bonds may be deposited with a state or municipal officer of an agency or political subdivision of the state for any purpose for which the deposit of bonds of the state is authorized by law.
Section: Previous 42.40.600 42.40.610 42.40.620 42.40.630 42.40.640 42.40.650 42.40.660 42.40.670 42.40.675 42.40.680 42.40.690 42.40.695 42.40.700 NextLast modified: November 15, 2016