Statute · United States Code

12 U.S.C. § 2157 — Bonds as investments

12 U.S.C. § 2157

Type
Statute
Source
United States Code
Jurisdiction
Federal
Date
2025-01-06
Topic
bankruptcy

The bonds, debentures, and other similar obligations issued under the authority of this chapter shall be lawful investments for all fiduciary and trust funds and may be accepted as security for all public deposits.

Citator

12 U.S.C. § 2157 — Bonds as investments is in force in the current edition of the Code, and nothing recorded condemns it.

The bonds, debentures, and other similar obligations issued under the authority of this chapter shall be lawful investments for all fiduciary and trust funds and may be accepted as security for all public deposits.