Section 1545.27 | Bonds are lawful investments.
Effective:
September 1, 1995
Latest Legislation:
House Bill 7 - 121st General Assembly
Park district revenue bonds are lawful investments of banks, trust companies, trustees, the boards of trustees of the sinking funds of municipal corporations, school districts, and counties, the administrator of workers' compensation, the state teachers retirement system, the public employees retirement system, and the school employees retirement system, and also are acceptable as security for the deposit of public moneys.
Available Versions of this Section
- September 1, 1995 – House Bill 7 - 121st General Assembly [ View September 1, 1995 Version ]