§ 46-15.1-15. Bonds and notes eligible for investment.
Bonds and notes issued by the board hereunder are hereby made securities in which all public officers and public bodies of the state and its political subdivisions, all insurance companies, banks, trust companies, banking associations, investment companies, savings institutions, executors, administrators, trustees, and other fiduciaries may properly and legally invest funds, including capital in their control or belonging to them. The bonds and notes are hereby made securities which may properly and legally be deposited with and received by any state or municipal officer or any agency or political subdivision of the state for any purpose for which the deposit of bonds or obligations is now or may hereafter be authorized by law.
History of Section.P.L. 1970, ch. 304, § 1.
Structure Rhode Island General Laws
Title 46 - Waters and Navigation
Chapter 46-15.1 - Water Supply Facilities
Section 46-15.1-1.1. - Repealed.
Section 46-15.1-2. - Board created — Appointment of members.
Section 46-15.1-2.2. - Qualifications of members.
Section 46-15.1-2.3. - Officers of the board — Quorum and vote required for action.
Section 46-15.1-2.4. - Compensation of members.
Section 46-15.1-3. - Repealed.
Section 46-15.1-4. - Purposes.
Section 46-15.1-4.1. - “Water supply facilities” defined.
Section 46-15.1-5.1. - Powers in support of the Rhode Island rivers council.
Section 46-15.1-5.2. - Duties of the board.
Section 46-15.1-6. - Purchase or lease from state.
Section 46-15.1-7. - Purchases from and leases, pledges and sales to others.
Section 46-15.1-9. - Temporary borrowing.
Section 46-15.1-11. - Pledge of revenues and other funds.
Section 46-15.1-12. - Trust funds.
Section 46-15.1-13. - Remedies.
Section 46-15.1-14. - Exemption from taxation.
Section 46-15.1-15. - Bonds and notes eligible for investment.
Section 46-15.1-16. - Negotiable instruments.
Section 46-15.1-17. - Refunding bonds.
Section 46-15.1-17.1. - Dissolution.
Section 46-15.1-17.2. - Inconsistent provisions.
Section 46-15.1-17.3. - Limitation of powers.
Section 46-15.1-18. - Severability — Constructions.
Section 46-15.1-19. - Surface reservoirs.
Section 46-15.1-19.1. - Big River Reservoir — Administration.
Section 46-15.1-20. - Water development account fund.