(a) Any municipality, or any board, commission, or other governing authority established by ordinance of any municipality, or the governing authorities, respectively, of the local firefighters pension and relief fund and police officer's pension and relief fund of any such municipality or the governing authority of any retirement system created by the General Assembly or any agency in its discretion may invest any of its funds not immediately needed for its purposes in bonds issued under the provisions of this subchapter.
(b) Any bonds issued under the provisions of this subchapter shall be eligible to secure the deposit of public funds.
Section: Previous 12-41-603 12-41-604 12-41-605 12-41-606 12-41-607 12-41-608 12-41-609 12-41-610 12-41-611 12-41-612 12-41-613 12-41-614 12-41-615 12-41-616 NextLast modified: November 15, 2016