Ind. Code § 8-15-1-3

Current through P.L. 171-2024
Section 8-15-1-3 - Construction of act

This chapter shall be liberally construed to effectuate the purpose of permitting investment in any such toll road bonds of this state and shall be construed as giving additional power and authority to every financial institution, insurance company, and trust fund to make such investments and for such investments to be eligible for deposit under law of this state, restrictions in statutes to the contrary notwithstanding; provided, however, that nothing contained in this chapter shall be construed to change any limitations as to amounts which may be invested in obligations of any one obligor as may be imposed by laws regulating the investments of various financial institutions, insurance companies, and trust funds.

IC 8-15-1-3

(Formerly: Acts 1953, c.131, s.3.) As amended by P.L. 66-1984, SEC.56.