Any drainage district organized under the provisions of Subchapter III of Chapter 156 of the General Statutes and the governing authority of same is hereby authorized and empowered to invest any surplus funds or any funds not needed for the immediate use of the district in United States bonds or any securities or type of investment in which guardians, executors, administrators and others acting in a fiduciary capacity are authorized to make investments by virtue of Article 1 of Chapter 36 of the General Statutes as amended. (1951, c. 1058, s. 1.)
Sections: Previous 156-129 156-130 156-131 156-132 156-133 156-134 156-135 156-135.1 156-136 156-137 156-138 156-138.1 156-138.3 156-138.4 156-139 Next
Last modified: March 23, 2014