North Dakota Statutes
§ 17-05-10 — Bonds as legal investments
The bonds of the authority are legal investments which may be used as collateral for public
funds of the state, insurance companies, banks, savings and loan associations, investment
companies, trustees, and other fiduciaries which may properly and legally invest funds in their
control or belonging to them in bonds of the authority. The state investment board may invest in
bonds of the authority in an amount specified by the state investment board.
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