Bonds constituting legal investments.

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7-25A-28. Bonds constituting legal investments.

Notwithstanding any provisions of any other law to the contrary, all bonds issued under the provisions of this chapter shall constitute legal investments for savings and loans, savings banks, banks, trust companies, insurance companies, personal representatives, trustees, conservators, and other fiduciaries.

Source: SL 1989, ch 59, §28; SL 1993, ch 213, §79.


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