Arizona Revised Statutes § 45-1717 Bonds And Notes Legal Investments

45-1717. Bonds and notes legal investments

The bonds and notes are hereby made securities in which all public officers and bodies of the state and all municipalities and political subdivisions, all insurance companies and associations and other persons carrying on an insurance business, all banks, bankers, trust companies, savings banks and savings associations, including savings and loan associations, building and loan associations, investment companies and other persons carrying on a banking business, all administrators, guardians, executors, trustees and other fiduciaries and all other persons whatsoever who are now or may hereafter be authorized to invest in bonds or other obligations of the state, may properly and legally invest funds including capital in their control or belonging to them. The bonds and notes are also hereby made securities which may be deposited with and may be received by all public officers and bodies of the state and all municipalities and political subdivisions for any purpose for which the deposit of bonds or other obligations of the state is now or may hereafter be authorized.

Section: Previous  45-1710  45-1711  45-1712  45-1713  45-1714  45-1715  45-1716  45-1717  45-1718  45-1719  45-1720  45-1721  45-1722  45-1901  45-1902  Next

Last modified: October 13, 2016