12 USC 2157: Bonds as investments
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12 USC 2157: Bonds as investments Text contains those laws in effect on November 20, 2024
From Title 12-BANKS AND BANKINGCHAPTER 23-FARM CREDIT SYSTEMSUBCHAPTER IV-PROVISIONS APPLICABLE TO TWO OR MORE CLASSES OF INSTITUTIONS OF THE SYSTEMPart A-Funding
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§2157. Bonds as investments

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.

( Pub. L. 92–181, title IV, §4.6, Dec. 10, 1971, 85 Stat. 612 .)