Obligations issued under the provisions of this chapter are securities in which all public officers and public bodies of the state and its political subdivisions, all insurance companies, trust companies, banking associations, investment companies, executors, administrators, trustees, and other fiduciaries may properly and legally invest funds, including capital in their control or belonging to them. These obligations may be deposited with the state or municipal officer of an agency or political subdivision of the state for any purpose for which the deposit of bonds, notes, or obligations of the state is authorized by law.
Structure Alaska Statutes
Title 18. Health, Safety, Housing, Human Rights, and Public Defender
Chapter 57. Regional Electrical Authorities
Sec. 18.57.010. Finding and purpose.
Sec. 18.57.020. Creation of authorities.
Sec. 18.57.030. Tax exemption.
Sec. 18.57.040. Powers of the authority.
Sec. 18.57.050. Bonds and notes.
Sec. 18.57.060. Validity of pledge.
Sec. 18.57.080. Negotiable instruments.
Sec. 18.57.090. Obligations eligible for investment.