Sec. 25. Any revenue obligations issued pursuant to the provisions of this chapter shall be eligible investments for the funds of any kind or character of every financial institution, insurance company or private trust, and such obligations shall be eligible for deposit by any financial institution, insurance company or trustee under any law of this state providing for the deposit of securities or funds.
[Pre-Local Government Recodification Citation: 19-3-24-25.]
As added by Acts 1981, P.L.11, SEC.43.
Structure Indiana Code
Title 8. Utilities and Transportation
Article 1. Utilities Generally
Chapter 11.1. Department of Public Utilities of Consolidated City
8-1-11.1-2. Board of Directors; Appointment of Officers; Compensation; Meetings; Employee Bonds
8-1-11.1-3. Board of Directors; Powers and Duties
8-1-11.1-3.5. Retirement, Survivor, or Other Benefits; Increase
8-1-11.1-4. Directors or Trustees; Adverse Interest in Contracts
8-1-11.1-5. Actions to Protect Rights of Cities
8-1-11.1-6. Utility Districts; Creation
8-1-11.1-7. Expenses; Procedure for Payment
8-1-11.1-9. Disposition of Bond Revenues
8-1-11.1-10. Tax Levy to Pay for Bonds; Utility District Bond Fund
8-1-11.1-11. Surplus Earnings; Disposition
8-1-11.1-12. Expenditures of Current Income; Vouchers
8-1-11.1-13. Separate Books of Account for Separate Utilities
8-1-11.1-14. Quarterly Accounting and Report to City Controller
8-1-11.1-15. Board of Directors Free From Control of Department of Local Government Finance
8-1-11.1-17. Examination and Audit of Books and Accounts
8-1-11.1-18. Application of Chapter to Currently Held or Acquired Utilities
8-1-11.1-19. "Revenue Obligations" Defined
8-1-11.1-20. Revenue Obligations; Issuance; Authorized Purposes
8-1-11.1-21. Security for Revenue Obligations; Issuance of Additional Obligations Authorized
8-1-11.1-22. Resolution Authorizing Revenue Obligations; Trust Indenture; Terms of Obligations
8-1-11.1-23. Temporary Loans Authorized
8-1-11.1-25. Revenue Obligations; Eligible Investments; Deposit of Securities