United States — Utah Act or statute

United States — Utah legislation

Utah Code § 11-17-12, 1967

The bonds may be treated as lawful investments for listed public and private fiduciaries, and may also be deposited with and received by certain state or municipal officers and agencies when a bond deposit is legally…

Source excerpt

collateral/security useinvestment eligibility

Jurisdiction: United States — Utah
Status: In force
Official identity: Year 1967
Dates: Enacted 1967

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Dates: Enacted 1967

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“The bonds may be treated as lawful investments for listed public and private fiduciaries, and may also be deposited with and received by certain state or municipal officers and agencies when a bond deposit is legally authorized.”

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Bonds -- Eligibility as investments and for use as security.

Section 11-17-12

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Source record from le.utah.gov · Enacted 1967

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§ 11-17-12Bonds -- Eligibility as investments and for use as security.Provision

Source excerpt

Bonds -- Eligibility as investments and for use as security. Bonds issued under this act are hereby made securities in which all public officers and public bodies of the state and its political subdivisions, all insurance companies, credit unions, building and loan associations, trust companies, banking associations, investment companies, executors, administrators, trustees and other fiduciaries, pension, profit-sharing and retirement funds may properly and legally invest funds, including capital in their control or belonging to them. Such bonds are hereby made securities which may properly and legally be deposited with and received by any state or municipal officer or any agency or political subdivision of the state for any purpose for which the deposit of bonds or obligations of the state is now or may hereafter be authorized by law.

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