The bonds and notes of the agency are hereby made securities in which all public officers and bodies of this state and all municipal subdivisions, all insurance companies and associations and other persons carrying on insurance business, all banks, bankers, trust companies, including savings and loan associations, building and loan associations, investment banking companies and other persons carrying on an investment banking business, all administrators, guardians, executors, trustees and other fiduciaries, and all other persons who are now or may hereafter be authorized to invest in bonds or other obligations of the state, may properly and legally invest in the bonds and notes of the agency funds including capital in their own control or belonging to them. The bonds and notes are also hereby made securities which may be deposited with and may 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 notes or other obligations of this state is now or may hereafter be authorized.
Structure 2021 Tennessee Code
Title 13 - Public Planning and Housing
Chapter 23 - Housing Development Agency
Part 1 - Tennessee Housing Development Agency Act
§ 13-23-102. Fund Raising — Powers — Purposes
§ 13-23-105. Board of Directors
§ 13-23-109. Compensation of Members
§ 13-23-111. Chair and Vice Chair
§ 13-23-112. Officers — Executive Director — Secretary — Audit and Budget Committee
§ 13-23-113. Distribution of Benefits Restricted
§ 13-23-114. Housing Cost Index — Program Becoming Operative
§ 13-23-129. Bonds and Notes as Legal Investments
§ 13-23-130. Supplemental Nature