Agreements to enhance marketability or to provide security; investments in bonds

Checkout our iOS App for a better way to browser and research.

    (a)    The Authority may enter into agreements with agents, banks, insurers, or others for the purpose of enhancing the marketability of, or as a security for, its bonds.

    (b)    Any financial institution, investment company, insurance company or association, any personal representative, guardian, trustee, or other fiduciary, and any other public officer or unit of the State or a subdivision of the State may legally invest any moneys belonging to them or within their control in any bonds issued by the Authority.


Download our app to see the most-to-date content.