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The Vermont Statutes Online
Title
10
:
Conservation and Development
Chapter
025
:
VERMONT HOUSING FINANCE AGENCY
Subchapter
004
:
FORM AND NATURE OF BONDS AND NOTES
§
638. 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, moneys 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 1973, No. 260 (Adj. Sess.), § 3, eff. April
11, 1974.)