A personal representative may purchase, invest in, and dispose of:

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1.  Farm loan bonds, consolidated farm loan bonds, debentures, consolidated debentures and other obligations issued by federal land banks and federal intermediate credit banks under the authority of the Federal Farm Loan Act, formerly 12 U.S.C. § 636 to 1012, inclusive, and 1021 to 1129, inclusive, and the Farm Credit Act of 1971, 12 U.S.C. § 2001 et seq., as amended; and

2.  Bonds, debentures, consolidated debentures and other obligations issued by banks for cooperatives under the authority of the Farm Credit Act of 1933, formerly 12 U.S.C. § 1131 to 1138e, inclusive, and the Farm Credit Act of 1971, 12 U.S.C. § 2001 et seq., as amended.