50-32-33
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50-32-33.
The
bonds of the authority are made securities in which all public officials and
bodies of the state and all counties and municipalities, all insurance companies
and associations, and other persons carrying on an insurance business, all
banks, bankers, trust companies, savings banks, and savings associations,
including savings and loan associations, investment companies and other persons
carrying on a banking business, and administrators, guardians, executors,
trustees, and other fiduciaries and all other persons whatsoever, who are now or
may hereafter be authorized to invest in bonds or other obligations of the
state, may properly and legally invest funds including capital in their control
or belonging to them. The bonds are also made securities which may be deposited
with and may be received by all public officers and bodies of this state and all
counties and municipalities for any purposes for which the deposit of bonds or
other obligations of this state are now or hereafter may be authorized.