§ 30-26-510 — Bonds - eligible for investment

Bonds issued under the
provisions of this part 5 are hereby made securities in which all insurance
companies, trust companies, banking associations, savings and loan associations,
investment companies, executors, administrators, trustees, and other fiduciaries
may properly and legally invest moneys, including capital, under the control of or
belonging to such entities. Public entities, as defined in section 24-75-601 (1),
C.R.S., may invest public funds in such bonds only if said bonds satisfy the
investment requirements established in part 6 of article 75 of title 24, C.R.S. Such
bonds are hereby made securities which may properly and legally be deposited with
and received by any state or municipal officer or any agency or political subdivision
of the state for any purpose for which the deposit of bonds is authorized by law.

Legislative History

Source: L. 82: Entire part added, p. 489, � 1, effective July 1. L. 89: Entire section amended, p. 1130, � 70, effective July 1.