2012 New York Consolidated Laws
PBA - Public Authorities
Article 8 - MISCELLANEOUS AUTHORITIES
Title 13-F - (2049-A - 2049-X) TOWN OF NORTH HEMPSTEAD SOLID WASTE MANAGEMENT AUTHORITY
2049-L - Bonds legal investment for fiduciaries.


NY Pub Auth L § 2049-L (2012) What's This?
 
    §  2049-l.  Bonds  legal  investment for fiduciaries. The bonds of the
  authority are hereby made securities in which all public  officials  and
  bodies  of the state and all 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  hereby made securities which may be deposited with and may be
  received by all public  officers  and  bodies  of  this  state  and  all
  municipalities  for any purposes for which the deposit of bonds or other
  obligations of this state is now or hereafter may be authorized.

Disclaimer: These codes may not be the most recent version. New York may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.