ยง 1980. 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 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,
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 may 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 8 - Miscellaneous Authorities
1971 - Statement of Legislative Findings and Purposes.
1973 - Battery Park City Authority.
1974 - Powers of the Authority.
1974-A - Subsidiaries; How Created.
1974-B - Lease and Other Agreements.
1974-C - Additional Powers of the Authority.
1975 - Moneys of the Authority.
1976 - Bonds of the Authority.
1977 - Notes of the Authority.
1977-A - Bond and Note Authorization.
1977-B - Reserve Funds and Appropriations.
1978 - Agreements of the State.
1979 - State and City Not Liable on Bonds and Notes.
1980 - Bonds and Notes Legal Investments for Public Officers and Fiduciaries.
1982 - Tax Contract by the State.
1983 - Remedies of Bondholders.
1985 - Limitation of Liability.
1986 - Assistance by State Officers, Departments, Agencies and Commissions.