Section 1207-F. Bonds and notes legal investments for fiduciaries  


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  • The
      bonds and notes of the authority 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 and
      other persons carrying on an insurance  business,  all  banks,  bankers,
      trust  companies,  savings  banks  and  savings  associations, including
      savings  and  loan  associations,  building   and   loan   associations,
      investment  companies  and other persons carrying on a banking business,
      all   administrators,   guardians,   executors,   trustees   and   other
      fiduciaries,  and  all  other  persons  whatsoever  who  are  now or may
      hereafter be authorized to invest in bonds or other obligations  of  the
      state,  may properly and legally invest funds including capital in their
      control or belonging to them. Notwithstanding any  other  provisions  of
      law,  the  bonds  and  notes  of  the  authority  are  also  hereby made
      securities which may be deposited with and  shall  be  received  by  all
      public  officers  and  bodies  of  this state and all municipalities and
      municipal subdivisions for any purpose for which the deposit of bonds or
      other obligations of this state is now or may hereafter be authorized.