Indiana Statutes

§ 8-15-1-1 — Eligibility of bonds

Indiana·Art. 15 TOLL ROADS·Ch. 1 Authorization to Purchase Toll Road Bonds
Every financial institution, insurance company and trust fund, in addition to the investments now authorized by law, is authorized to invest any of its funds of any kind or character in any toll road revenue bonds of the state issued by the Indiana department of transportation pursuant to IC 8-15-2, and such bonds are hereby declared eligible for deposit by any financial institution, insurance company, or trust fund under any law of this state providing for the deposit of securities or funds. Formerly: Acts 1953, c.131, s.1. As amended by Acts 1980, P.L.74, SEC.221; P.L.18-1990, SEC.127.

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