* § 1599-m. Bonds legal investments for public officers and
fiduciaries. The bonds 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 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 shall be received by all public officers and bodies of this state
and all municipalities and municipal subdivisions for any purpose for
which the deposit of bonds or other obligations of this state is now or
may hereafter be authorized.
* NB Authority ceased to exist 12/31/99
* NB There are 4 § 1599-m's
Structure New York Laws
Article 7 - Parking Authorities
Title 14 - City of Binghamton Parking Authority
1599-C - City of Binghamton Parking Authority.
1599-D - Purpose and Powers of the Authority.
1599-E - Civil Service Status of Officers and Employees.
1599-G - Construction Contracts.
1599-H - Moneys of the Authority.
1599-I - Bonds of the Authority.
1599-J - Notes of the Authority.
1599-K - Agreements of the State.
1599-L - State and City Not Liable on Bonds.
1599-M - Bonds Legal Investments for Public Officers and Fiduciaries.
1599-N - Tax Contract by the State.
1599-O - Remedies of Bondholders.
1599-P - Actions Against the Authority.
1599-Q - Termination of the Authority.
1599-R - Title Not Affected if in Part Unconstitutional or Ineffective.