Section 1599-M. Bonds and notes legal investments for public officers and 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 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  except  as hereinafter provided, 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. The bonds 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.
    * NB Authority ceased to exist 08/05/2002
    * NB There are 4 § 1599-m's