Sec. 17.965. LEGAL INVESTMENTS. Water financial assistance bonds are legal and authorized investments for: (1) banks; (2) savings banks; (3) trust companies; (4) savings and loan associations; (5) insurance companies; (6) fiduciaries; (7) trustees; (8) guardians; and (9) sinking funds and other public funds of the state and its agencies and of political subdivisions of the state.
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