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SECTION 1190

Bonds legal investments for fiduciaries

Public Authorities (PBA) CHAPTER 43-A, ARTICLE 5, TITLE 8

§ 1190. Bonds legal investments for 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, all savings banks and savings institutions,
including savings and loan associations, administrators, guardians,
executors, trustees and other fiduciaries in the state may properly and
legally invest funds in their control.