Alaska Statutes (Last Updated: January 11, 2017) |
Title 37. PUBLIC FINANCE. |
Chapter 37.15. BONDING. |
Article 37.15.09. PENSION OBLIGATION BONDS. |
Section 37.15.940. Bonds as legal investments.
Latest version.
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The bonds are legal investments for all banks, trust companies, savings banks, savings and loan associations, and other persons carrying on a banking business, all insurance companies and other persons carrying on an insurance business, and all executors, administrators, trustees, and other fiduciaries. The bonds may be accepted as security for deposits of all money of the state and its political subdivisions.
Notes
History
(Sec. 8 ch 35 SLA 2008)