Indiana Code 21-35-5-12. Revenue obligations; eligible investments
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Terms Used In Indiana Code 21-35-5-12
- Trustee: A person or institution holding and administering property in trust.
Sec. 12. Any revenue obligations issued under IC 21-35-2 or IC 21-35-3 are eligible investments for the funds of any kind or character of every financial institution, insurance company, or private trust. The revenue obligations are eligible for deposit by any financial institution, insurance company, or trustee under any law of Indiana providing for the deposit of securities or funds.
[Pre-2007 Higher Education Recodification Citation: 20-12-9-6.]
As added by P.L.2-2007, SEC.276.