§ 8070. Notes and bonds as legal investments
Notwithstanding any other law, the State and all public officers, governmental units, and agencies thereof, all banks, trust companies, savings banks and institutions, building and loan associations, savings and loan associations, investment companies, and other persons carrying on a banking business, all insurance companies, insurance associations and other persons carrying on an insurance business, all credit unions, and all executors, administrators, guardians, trustees, and other fiduciaries may legally invest any sinking funds, monies, or other funds belonging to them or within their control in any bonds or notes issued under this chapter, and the bonds or notes are authorized security for any and all public deposits. (Added 2007, No. 79, § 1, eff. June 9, 2007.)
Structure Vermont Statutes
Chapter 91 - Vermont Telecommunications Authority
§ 8060. Legislative findings and purpose
§ 8061. Establishment of Authority; organization
§ 8062. Purpose; powers and duties
§ 8063. Interagency cooperation and assistance
§ 8066. Refunding obligations — Issuance and sale
§ 8067. Remedies of bondholders and note holders
§ 8069. Sovereign immunity; credit of State not pledged
§ 8070. Notes and bonds as legal investments
§ 8071. Quarterly and annual reports; audit
§ 8073. Authorization to accept appropriated monies
§ 8076. Inconsistent provisions in other laws superseded
§ 8078. Selection of proposals to provide competitive process