Idaho State Statutes - Idaho Attorney Directory

The notes and bonds
of the authority shall be legal investments in which all public officers and
public bodies of this state, its political subdivisions, all municipalities
and municipal subdivisions, all insurance companies and associations and other
persons carrying on an insurance business, all banks, bankers, banking
associations, trust companies, savings banks and savings associations,
including savings and loan associations, building and loan associations,
investment companies and other persons carrying on a banking business, all
administrators, guardians, executors, trustees and other fiduciaries, and all
other persons whatsoever who are now or may hereafter be authorized to invest
in bonds or in other obligations of the state, may properly and legally invest
funds, including capital, in their control or belonging to them. The notes and
bonds are also hereby made securities which may properly and legally be
deposited with and received by all public officers and bodies of the state or
any agency or political subdivisions of the state and all municipalities and
public corporations for any purpose for which the deposit of bonds or other
obligations of the state is now or may hereafter be authorized by law.

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