Severance tax bonds and supplemental severance tax bonds are legal investments for any person or board charged with the investment of any public funds and are acceptable as security for any deposit of public money.
History: 1953 Comp., § 72-18-43, enacted by Laws 1961, ch. 5, § 16; 1999 (1st S.S.), ch. 6, § 11.
ANNOTATIONSThe 1999 amendment, effective July 1, 1999, inserted "and supplemental severance tax bonds" in the catchline and near the beginning of the section.