ยง 2789. Bonds legal investment for fiduciaries. The bonds of the
authority are hereby made securities in which all public officers 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, building 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 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. Notwithstanding other provisions of law, the bonds
are also hereby made securities which may be deposited with and may be
received by all public officers and bodies of the 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.
Structure New York Laws
Article 8 - Miscellaneous Authorities
Title 32 - Albany County Airport Authority
2777 - Statement of Legislative Findings and Purpose.
2779 - Albany County Airport Authority.
2781 - Transfer of Officers and Employees.
2782 - General Powers of the Authority.
2783 - Special Powers of the Authority.
2784 - County Approval of Capital Projects.
2785 - Bonds of the Authority.
2786 - Remedies of Bondholders.
2787 - State and County Not Liable on Authority Bonds.
2788 - Monies of the Authority.
2789 - Bonds Legal Investment for Fiduciaries.
2792 - Exemption From Taxes, Assessments and Certain Fees.
2793 - Actions Against Authority.
2796 - Agreements Relating to Payment in Lieu of Taxes.
2797 - Audit and Annual Report.
2799 - Transfer of Applications, Proceedings, Approvals and Permits.