§ 13-1122. Agreements to enhance marketability or to provide security; investments in bonds

Latest version.

(a) Agreements authorized. -- The Authority may enter into agreements with agents, banks, insurers, or others for the purpose of enhancing the marketability of, or as a security for, its bonds.

(b) Investments authorized. -- Any financial institution, investment company, insurance company or association, any personal representative, guardian, trustee, or other fiduciary, and any other public officer or unit of the State or a subdivision of the State may legally invest any moneys belonging to them or within their control in any bonds issued by the Authority.

HISTORY: 1996, ch. 601, § 1.

                    
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