19-9-116 - Obligations as authorized investments and securities.
19-9-116. Obligations as authorized investments and securities.
Obligations issued pursuant to this chapter are securities in which all persons andorganizations authorized to invest in obligations of this state may properly and legally invest. These obligations are also declared to be securities which may properly and legally be depositedwith, and received by, any state, county, or municipal officer.
Renumbered and Amended by Chapter 184, 2003 General Session