Arizona Revised Statutes § 48-3200 Certified Bonds As Legal Investment For Savings Bank Or As Security For Public Funds

48-3200. Certified bonds as legal investment for savings bank or as security for public funds

Bonds certified in accordance with the provisions of sections 48-3201 through 48-3205 shall be legal investments for funds of savings banks transacting business within the state, and may be deposited to secure public funds in the state. No savings bank in the state shall invest any of its funds in bonds of an irrigation district not certified, nor shall irrigation district bonds not so certified be available to secure public funds.

Section: Previous  48-3193  48-3194  48-3195  48-3196  48-3197  48-3198  48-3199  48-3200  48-3201  48-3202  48-3203  48-3204  48-3205  48-3206  48-3207  Next

Last modified: October 13, 2016