(a) Any municipality, board, commission, governing authority established by ordinance of any municipality, or governing authorities, respectively, of the local firefighter's pension and relief fund and police officer's pension and relief fund of any such municipality, the governing authority of any retirement system created by the General Assembly, or any agency may invest any of its funds not immediately needed for its purposes in bonds and other evidences of indebtedness 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 12-41-706 12-41-707 12-41-708 12-41-709 12-41-710 12-41-711 12-41-712 12-41-713 12-41-714 12-41-715 12-41-716 12-41-717 12-41-718 12-41-719 NextLast modified: November 15, 2016