Alaska Stat. § 37.15.280

Current through Chapter 59 of the 2024 Legislative Session
Section 37.15.280 - Bonds as legal investments

The bonds are legal investments for all banks, trust companies, savings banks, savings and loan associations, and other persons carrying on a banking business, all insurance companies and other persons carrying on an insurance business, and all executors, administrators, trustees, and other fiduciaries. The bonds may be accepted as security for deposits of all money of the state and its political subdivisions.

AS 37.15.280

Added by SLA 2014, ch. 51,sec. 12, eff. 7/1/2014.