New York Statutes

§ 1199-LLLL — Bonds legal investments for fiduciaries

New York·Law PBA Public Authorities·Title 8-G Cayuga County Water and Sewer Authority·Art. 5 Public Utility Authorities
* § 1199-llll. Bonds legal investments for fiduciaries. The bonds of\nthe authority are hereby made securities in which all public officials\nand bodies of the state and all municipalities, all insurance companies\nand associations and other persons carrying on an insurance business,\nall banks, bankers, trust companies, savings banks and savings\nassociations, including savings and loan associations, investment\ncompanies and other persons carrying on a banking business, and\nadministrators, guardians, executors, trustees and other fiduciaries and\nall other persons whatsoever, who are now or may hereafter be authorized\nto invest in bonds or other obligations of the state, may properly and\nlegally invest funds including capital in their control or belonging to\nthem. The bonds are als

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