To the extent permitted by law, the state and all public officers, governmental units and agencies thereof, all banks, trust companies, savings banks and institutions, savings and loan associations, investment companies, and other persons carrying on a banking business, all insurance companies, insurance associations and other persons carrying on an insurance business, and all executors, administrators, guardians, trustees and other fiduciaries, may legally invest any sinking funds, moneys or other funds belonging to them or within their control in any bonds or notes issued pursuant to this chapter, and such bonds or notes shall be authorized security for any and all public deposits.
(P.A. 75-634, S. 18, 24; P.A. 80-483, S. 20, 186.)
History: P.A. 80-483 deleted reference to building and loan associations.
Structure Connecticut General Statutes
Chapter 101a - Municipal Electric Energy Cooperatives
Section 7-233a. - Legislative purpose and finding.
Section 7-233b. - Definitions.
Section 7-233d. - Filings with Secretary of the State. Effect.
Section 7-233h. - Trust indenture.
Section 7-233i. - Bond anticipation notes.
Section 7-233j. - Interconnection of electric system lines. Contracts for sale of electricity.
Section 7-233k. - Eminent domain.
Section 7-233m. - Sufficiency of rate schedule. Public hearing. Public inspection.
Section 7-233n. - Dissolution of cooperative.
Section 7-233o. - Conflict of interest.
Section 7-233p. - Representative compensation.
Section 7-233q. - Competitive bidding. Contracts.
Section 7-233r. - Cooperative bonds and notes deemed legal investment.
Section 7-233t. - Exemption from jurisdiction of Public Utilities Regulatory Authority.
Section 7-233u. - Severability of provisions.
Section 7-233v. - Liberal construction.
Section 7-233w. - Controlling provisions in case of conflict.
Section 7-233x. - Power supply contracts between cooperatives and municipal electric utilities.
Section 7-233y. - Municipal energy conservation and load management fund.