2012 New York Consolidated Laws
PBA - Public Authorities
Article 8 - MISCELLANEOUS AUTHORITIES
Title 14 - (2050 - 2069) BROOME COUNTY SPORTS CENTER AUTHORITY
2063 - Bonds legal investments for public officers and fiduciaries.

 
    * § 2063. Bonds legal investments for public officers and fiduciaries.
  The  bonds  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 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 all other persons whatsoever, except as  hereinafter  provided,  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; provided that,
  notwithstanding the provisions of any other general or  special  law  to
  the  contrary,  such  shall not be eligible for the investment of funds,
  including capital, trusts, estates or guardianships under the control of
  individual administrators,  guardians,  executors,  trustees  and  other
  individual  fiduciaries. 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 and municipal subdivisions
  for any purpose for which the deposit of bonds or other  obligations  of
  this state is now or may hereafter be authorized.
    * NB Authority dissolved September 1, 1977