The notes and bonds issued pursuant to this chapter 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 in other obligations of the state, may properly and legally invest funds, including capital, in their control or belonging to them. The notes and bonds are also hereby made securities which may be deposited with and may be received by all public officers and bodies of the state and all municipalities for any purpose of which the deposit of bonds or other obligations of the state is now or may hereafter be authorized.
(P.A. 79-596, S. 12, 17.)
Structure Connecticut General Statutes
Title 8 - Zoning, Planning, Housing and Economic and Community Development
Chapter 137a - Municipal Housing Finance Assistance Act
Section 8-301. - Declaration of policy.
Section 8-303. - Municipal powers for purposes of this chapter.
Section 8-304. - Adoption of a housing finance assistance plan. Provisions.
Section 8-305. - Municipal powers under housing finance assistance plan.
Section 8-307. - Capital reserve fund to secure bonds and notes issued under this chapter.
Section 8-308. - Bonds to be special obligations payable only from certain pledged revenue.
Section 8-309. - Separate accounts to be established for purposes of this chapter.
Section 8-310. - Appointment of trustee to represent holders of bonds or notes in event of default.
Section 8-311. - Bonds and notes issued under this chapter are securities for investment purposes.