Conn. Gen. Stat. § 7-233r
Cooperative bonds and notes deemed legal investment
Connecticut · General Statutes of Connecticut Chapter 101a — Municipal Electric Energy Cooperatives · Status: effective
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- Citation
- Conn. Gen. Stat. § 7-233r, Cooperative bonds and notes deemed legal investment, Connecticut, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2164034
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Full text
To the extent permitted by law, the state and all public officers, governmental units and agencies thereof, all banks, trust companies, savings banks and institutions, 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, and all executors, administrators, guardians, trustees and other fiduciaries, may legally invest any sinking funds, moneys or other funds belonging to them or within their control in any bonds or notes issued pursuant to this chapter, and such bonds or notes shall be authorized security for any and all public deposits.