Section 1599-M. Bonds 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 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 12/31/99
    * NB There are 4 § 1599-m's