N.Y. NYS Project Finance Agency Act7/75 § 8: Bonds and notes as legal investments

§ 8. Bonds and notes as legal investments.

The bonds and notes of the agency 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.