New York § 20.31 Bonds and notes as legal investments

New York Statutes

§ 20.31 — Bonds and notes as legal investments

New York § 20.31

Law ACAArts and Cultural Affairs

Title ENew York State Cultural Resources Act

This text of New York § 20.31 (Bonds and notes as legal investments) is published on Counsel Stack Legal Research, covering New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.Y. Arts and Cultural Affairs § 20.31 (2026).

Text

  § 20.31. Bonds and notes as legal investments. The bonds and notes of\na trust are hereby made securities in which all public officers and\nbodies of this state and all municipalities and political subdivisions,\nall insurance companies and associations and other persons carrying on\nan insurance business, all banks, bankers, trust companies, savings\nbanks and savings associations, including savings and loan associations,\nbuilding and loan associations, investment companies and other persons\ncarrying on a banking business, all administrators, guardians,\nexecutors, trustees and other fiduciaries, and all other persons who are\nnow or may hereafter be authorized to invest in bonds or other\nobligations of the state, may properly and legally invest funds\nincluding capital in their cont

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§ 20.31. Bonds and notes as legal investments. The bonds and notes of\na trust are hereby made securities in which all public officers and\nbodies of this state and all municipalities and political subdivisions,\nall insurance companies and associations and other persons carrying on\nan insurance business, all banks, bankers, trust companies, savings\nbanks and savings associations, including savings and loan associations,\nbuilding and loan associations, investment companies and other persons\ncarrying on a banking business, all administrators, guardians,\nexecutors, trustees and other fiduciaries, and all other persons who are\nnow or may hereafter be authorized to invest in bonds or other\nobligations of the state, may properly and legally invest funds\nincluding capital in their control or belonging to them. The bonds and\nnotes are also hereby made securities which may be deposited with and\nmay be received by all public officers and bodies of this state and all\nmunicipalities and political subdivisions for any purpose for which the\ndeposit of bonds or other obligations of this state is now or may\nhereafter be authorized.\n