§ 78-41. Bonds constitute legal investments.

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The bonds issued under this article are hereby constituted as legal investments for any state, county, municipal or other public funds or for any bank, savings bank, trustees, executors, guardians or any trust or fiduciary funds whatsoever. Such bonds shall also be and constitute legal securities which may be deposited by any bank or trust company for the security of state, county, municipal or other public funds.

(Code 1979, § 18-20)

                    
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