Indiana Statutes

§ 8-1-2.2-16 — Bond eligibility for investment

Indiana § 8-1-2.2-16
JurisdictionIndiana
Art. 1UTILITIES GENERALLY
Ch. 2.2Municipal Electric Utility Programs

This text of Indiana § 8-1-2.2-16 (Bond eligibility for investment) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ind. Code § 8-1-2.2-16 (2026).

Text

Bond Eligibility for Investment. Bonds issued by a municipality or joint agency under this chapter are securities in which all public officers and agencies of the state, all insurance companies, banking associations, investment companies, executors, administrators, trustees and other fiduciaries may properly and legally invest funds, including capital in their control or belonging to them. These bonds are securities that may properly and legally be deposited with and received by any officer or agency of the state for any purpose for which the deposit of bonds or obligations of the state is now or may hereafter be authorized by law. As added by Acts 1980, P.L.68, SEC.1. Amended by P.L.136-2018, SEC.59.

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Indiana § 8-1-2.2-16, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/8-1-2.2-16.