Wyoming Statutes

§ 21-17-448 — Securities authorized are legal investments for financial institutions

Wyoming·Title 21 Education·Ch. 17 UNIVERSITY OF WYOMING·Art. 4 CAPITAL CONSTRUCTION PROJECTS
(a)Any bank, trust company, banker, savings bank, or institution, any building and loan association, savings and loan association, investment company and any other person carrying on a banking or investment business, any insurance company, insurance association, or any other person carrying on an insurance business, and any executor, administrator, curator, trustee or any other fiduciary, may invest funds or monies in their custody in any of the bonds or other securities issued under this act.
(b)Nothing contained in this section with regard to legal investments relieves any representative of any corporation or other person of any duty of exercising reasonable care in selecting securities.

Free access — add to your briefcase to read the full text and ask questions with AI

Wyoming § 21-17-448 (Securities authorized are legal investments for financial institutions) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Nearby Sections

15
View on official source ↗