Bonds issued by the authority under the provisions of this chapter are hereby made securities in which all public officers and public bodies of the state and its political subdivisions, all insurance companies, state banks and trust companies, national banking associations, savings banks, savings and loan associations, investment companies, executors, administrators, trustees and other fiduciaries may properly and legally invest funds, including capital in their control or belonging to them. Such bonds are hereby made securities which may properly and legally be deposited with and received by any state or municipal officer or any agency or political subdivision of the state for any purpose for which the deposit of bonds or obligations of the state is now or may hereafter be authorized by law.
(February, 1965, P.A. 170, S. 18; 1967, P.A. 321; 368, S. 15.)
History: 1967 acts allowed investments by state banks, savings banks and savings and loan associations and specified “national” banking associations; Sec. 10-352 transferred to Sec. 10a-193 in 1983 pursuant to reorganization of higher education system.
Structure Connecticut General Statutes
Title 10a - State System of Higher Education
Chapter 187 - Connecticut Health and Educational Facilities Authority
Section 10a-176. (Formerly Sec. 10-335). - Declaration of policy.
Section 10a-177. (Formerly Sec. 10-336). - Short title.
Section 10a-178. (Formerly Sec. 10-337). - Definitions.
Section 10a-180. (Formerly Sec. 10-339). - Powers of authority.
Section 10a-181. (Formerly Sec. 10-340). - Payment of expenses.
Section 10a-182. (Formerly Sec. 10-341). - Acquisition of property by authority.
Section 10a-183. (Formerly Sec. 10-342). - Conveyance of title to participating institutions.
Section 10a-184. (Formerly Sec. 10-343). - Notes of authority.
Section 10a-185. (Formerly Sec. 10-344). - Bonds.
Section 10a-186. (Formerly Sec. 10-345). - Trust agreement to secure bonds.
Section 10a-186c. - State Treasurer may advance funds re qualified nursing homes.
Section 10a-187. (Formerly Sec. 10-346). - Payment of bonds.
Section 10a-187a. - Pledge by state as to limitation or alteration of rights vested in authority.
Section 10a-188. (Formerly Sec. 10-347). - Rents and charges.
Section 10a-189. (Formerly Sec. 10-348). - Use of bond proceeds and revenues.
Section 10a-190. (Formerly Sec. 10-349). - Enforcement of rights and duties.
Section 10a-190a. - Contracts with bondholders regarding funds of the authority.
Section 10a-191. (Formerly Sec. 10-350). - Tax exemption.
Section 10a-192. (Formerly Sec. 10-351). - Refunding bonds.
Section 10a-193. (Formerly Sec. 10-352). - Bonds declared legal investments.
Section 10a-194. (Formerly Sec. 10-353). - Report to Governor by authority.
Section 10a-194a. - Report to Commissioner of Social Services by authority regarding nursing homes.
Section 10a-194c. - Connecticut Child Care Facilities Program.
Section 10a-194d. - Subsidiary.
Section 10a-194f. - Captive Insurance Demonstration Program Grant Fund.
Section 10a-194g. - Financing of costs of digitizing patient records.
Section 10a-194h. - Loans to nonprofit organizations for preschool projects.
Section 10a-194i. - Loans to nursing homes for installation of automatic fire extinguishing systems.
Section 10a-195. (Formerly Sec. 10-354). - Pledge by state to bondholders and contractors.
Section 10a-197. (Formerly Sec. 10-356). - Liberal construction.
Section 10a-198. (Formerly Sec. 10-357). - Chapter controlling over inconsistent law.