Vermont Statutes
§ 3858 — Legal investment
Vermont·Title 16 Title 16: Education·Ch. 131 Chapter 131: Educational and Health Buildings Financing Agency
The bonds and notes are hereby made securities in which all public officers and bodies of this State and all municipalities and municipal subdivisions, all insurance companies and associations, all savings banks and savings institutions, including savings and loan associations, administrators, guardians, executors, trustees, committees, and other fiduciaries, in the State may properly and legally invest funds in their control. (Added 1966, No. 56 (Sp. Sess.), § 9, eff. March 12, 1966; amended 1969, No. 224 (Adj. Sess.), § 6, eff. March 31, 1970.)
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Nearby Sections
12
§ 3851
Definitions§ 3853
Powers§ 3855
Trust funds§ 3856
Bonds§ 3857
Liability of State§ 3858
Legal investment§ 3859
Exemptions from taxation§ 3860
Remedies of bondholders§ 3862
Reports