* § 1132. Bonds legal investments for fiduciaries. The bonds of the
authority are hereby made securities in which all public officials and
bodies of the state and all municipalities, 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, investment companies and other
persons carrying on a banking business, and administrators, guardians,
executors, trustees and other fiduciaries and all other persons
whatsoever, who are not or may hereafter be authorized to invest in
bonds or other obligations of the state, may properly and legally invest
funds including capital in their control or belonging to them. The bonds
are also hereby made securities which may be deposited with and may be
received by all public officers and bodies of this state and all
municipalities for any purposes for which the deposit of bonds or other
obligations of this state is now or hereafter may be authorized.
* NB There are 2 § 1132's
Structure New York Laws
Article 5 - Public Utility Authorities
Title 6-C* - Dutchess County Water and Wastewater Authority
1123*2 - Dutchess County Water and Wastewater Authority.
1124*2 - Powers of the Authority.
1126*2 - Governmental Capacity of the Authority and Municipalities.
1127*2 - Transfer of Officers and Employees.
1128*2 - Bonds of the Authority.
1129*2 - Remedies of Bondholders.
1130*2 - State, County nor Other Municipality, Other Than Authority, Not Liable on Authority Bonds.
1131*2 - Moneys of the Authority.
1132*2 - Bonds Legal Investments for Fiduciaries.
1133*2 - Agreement of the State.
1134*2 - Exemption From Taxes, Assessments and Certain Fees.
1135*2 - Actions Against Authority.
1136*2 - Construction and Purchase Contracts.
1137*2 - Interest in Contracts Prohibited.
1138*2 - Authority to Take Affirmative Action.
1139*2 - Audit, Annual Report and Information.
1141*2 - Environmental Applications, Proceedings, Approvals and Permits.