ยง 1621-m. Bonds and notes legal investments for public officers and
fiduciaries. The bonds and notes are hereby made securities in which all
public officers, and bodies of the 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 and notes 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.
Structure New York Laws
Article 7 - Parking Authorities
Title 21 - Middletown Parking Authority
1621-C - Middletown Parking Authority.
1621-D - Purpose and Powers of the Authority.
1621-E - Civil Service Status of Officers and Employees.
1621-G - Construction and Purchase Contracts.
1621-H - Moneys of the Authority.
1621-I - Bonds of the Authority.
1621-J - Notes of the Authority.
1621-K - Agreements of the City and the State.
1621-L - State and City Not Liable on Bonds.
1621-M - Bonds and Notes Legal Investments for Public Officers and Fiduciaries.
1621-O - Tax Contract by the State.
1621-P - Remedies of Bondholders.
1621-Q - Actions Against the Authority.
1621-R - Termination of the Authority.
1621-S - Title Not Affected if in Part Unconstitutional or Ineffective.