(a) Any municipality; any board, commission, or other authority duly established by ordinance of any municipality; the boards of trustees, respectively, of the firemen's relief and pension fund and the policemen's pension and relief fund of any municipality; or the board of trustees of any retirement system created by the General Assembly, may, in its discretion, invest any of its funds not immediately needed for its purposes in bonds issued under the provisions of this chapter.
(b) Bonds issued under the provisions of this chapter shall be eligible to secure the deposit of public funds.
Section: Previous 14-267-102 14-267-103 14-267-104 14-267-105 14-267-106 14-267-107 14-267-108 14-267-109 14-267-110 14-267-111 14-267-112 14-267-113Last modified: November 15, 2016