Revenue obligations; eligible investments; deposit of securities

Sec. 25. Any revenue obligations issued pursuant to the provisions of this chapter shall be eligible investments for the funds of any kind or character of every financial institution, insurance company or private trust, and such obligations shall be eligible for deposit by any financial institution, insurance company or trustee under any law of this state providing for the deposit of securities or funds. [Pre-Local Government Recodification Citation: 19-3-24-25.] As added by Acts 1981, P.L.11, SEC.43.