Legislation
SECTION 12
Obligations eligible for investment
Urban Development Guarantee Fund of New York 175/68 (UDG) CHAPTER ROOT
§ 12. Obligations eligible for investment. Obligations guaranteed by
the fund under this act and participations therein are hereby made legal
investments for all insurance companies, trust companies, banks,
investment companies, savings banks, building and loan associations,
credit unions, savings and loan associations, executors, administrators,
guardians, conservators, trustees and other fiduciaries, pension,
profit-sharing and retirement funds.
the fund under this act and participations therein are hereby made legal
investments for all insurance companies, trust companies, banks,
investment companies, savings banks, building and loan associations,
credit unions, savings and loan associations, executors, administrators,
guardians, conservators, trustees and other fiduciaries, pension,
profit-sharing and retirement funds.