Bonds and local government obligations as investment securities.

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Notwithstanding any of the provisions of this chapter or any recitals in any bonds or local governmental obligations issued hereunder, all bonds and local governmental obligations shall be deemed to be investment securities under the Uniform Commercial Code.

History of Section.
P.L. 1993, ch. 313, § 1; P.L. 1993, ch. 396, § 1.


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