2005 Idaho Code - 68-402 — SECURITIES OF FEDERAL HOUSING ADMINISTRATOR AND NATIONAL MORTGAGE ASSOCIATIONS LEGAL INVESTMENTS

                                  TITLE  68
                            TRUSTS AND FIDUCIARIES
                                  CHAPTER 4
                              LEGAL INVESTMENTS
    68-402.  SECURITIES OF FEDERAL HOUSING ADMINISTRATOR AND NATIONAL MORTGAGE
ASSOCIATIONS LEGAL INVESTMENTS. It shall be lawful for banks, trust companies,
insurance companies, loan and building corporations, building and loan
associations, savings and loan associations, and other savings and/or
investment institutions, guardians, executors, administrators, trustees and
other fiduciaries, and all other persons, associations and corporations
subject to the laws of this state, qualified thereto, to invest their funds
and the moneys in their custody or possession eligible for investment in notes
or bonds secured by mortgage or deed of trust insured or debentures issued, by
the federal housing administrator, and in securities and stocks of national
mortgage associations.