41-14-30
Section 41-14-30 Deposit of funds in qualified public depositories; types of investments. (a)
The State Treasurer may deposit the money of the state in any available bank product in any
bank or savings association that is a qualified public depository under Chapter 14A of this
title and that has been designated as a state depositary according to law, so long as the
bank or savings association agrees to pay interest on the money. (b) The State Treasurer may
invest so much of the funds as he or she may deem appropriate in bonds, notes, or treasury
bills of the United States or in obligations of any agency or instrumentality of the United
States of America, including but not limited to the Federal Land Bank, Federal Home Loan Bank,
Federal National Mortgage Association, Federal Intermediate Credit Bank, banks for cooperatives,
Resolution Trust Corporation, or any of its other agencies, or in any other obligations guaranteed
as to principal and interest by the United States, or in money...
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9-10-39
Section 9-10-39 Investment in bonds by state, banks, insurance companies, etc.; deposit of
bonds, etc., with state or municipal officers or agencies. Bonds issued by the corporation
under the provisions of this article are hereby made securities in which the state and all
political subdivisions of this state, their officers, boards, commissions, departments or
other agencies, all banks, bankers, savings banks, trust companies, savings and loan associations,
investment companies and other persons carrying on a banking business, all insurance companies,
insurance associations, and other persons carrying on an insurance business and all administrators,
executors, guardians, trustees and other fiduciaries and all other persons whatsoever who
now are or may hereafter be authorized to invest in bonds or other obligations of the state
may properly and legally invest any funds including capital belonging to them or within their
control. The bonds or other securities or obligations are hereby...
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11-61A-20
Section 11-61A-20 Bonds deemed legal investment. Bonds issued under this chapter are deemed
legal investments for executors, administrators, trustees, and other fiduciaries, unless otherwise
directed by the court having jurisdiction of the fiduciary relation or by the document that
is the source of the fiduciary's authority. The bonds shall be legal investments for savings
banks and insurance companies organized under the laws of the state. (Acts 1994, No. 94-254,
p. 470, §20.)...
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11-97-22
Section 11-97-22 Bonds of corporation as legal investments. The bonds of any corporation shall
be legal investments in which the state and its agencies and instrumentalities, all counties,
municipalities, and other political subdivisions of the state and public corporations organized
under the laws thereof, all insurance companies and associations and other persons carrying
on an insurance business, all banks, savings banks, savings and loan associations, trust companies,
credit unions, and investment companies of any kind, all administrators, guardians, executors,
trustees, and other fiduciaries, and all other persons whatsoever are now or may hereafter
be authorized to invest in bonds or other obligations of the state, may properly and legally
invest funds in their control or belonging to them. (Acts 1984, No. 84-314, p. 695, §22.)...

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11-85-107
Section 11-85-107 Bonds - Authentication; redemption; sale; refunding; use of proceeds; security;
investment of funds. The bonds of the authority shall be signed by its president and attested
by its secretary and the seal of the authority shall be affixed thereto or a facsimile of
such seal shall be printed or otherwise reproduced thereon; provided, that a facsimile of
the signature of one, but not both, of said officers may be printed or otherwise reproduced
on any such bonds in lieu of being manually subscribed thereon and a facsimile of the signatures
of both of the officers may be printed or otherwise reproduced on such bonds in lieu of being
manually affixed thereof if the authority, in its proceedings with respect to issuance of
the bonds, provides for manual authentication of such bonds. The State Treasurer shall be
registrar, transfer agent, and paying agent for the bonds. The State Treasurer may designate
named individuals who are employees of the state and who are assigned to...
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22-29-16
Section 22-29-16 Custody of moneys and funds; disposition of same. The State Treasurer shall
have custody of all moneys or funds paid or delivered to the authority and shall establish
a separate account for each project of each local public body, and such moneys or funds shall
be dedicated and used solely for the payment of any grant by the authority for the state to
such local public body or, in case the bonds of the authority shall have been issued to fund
such grant, the payment of the principal of and interest on such bonds, the expenses of such
payment and any reserve fund required for such bonds by the authorizing resolution; provided,
that if there shall be any surplus funds on deposit in said fund to the credit of the project
of a local public body, then, upon application by such local public body, the State Treasurer
may make cash expenditures from such account for any such project to the extent that moneys
are available therefor in any fiscal year of the authority after there...
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37-13-18
Section 37-13-18 Eligibility of bonds as investments for trust funds. Bonds issued under the
provisions of this chapter are hereby made legal investments for executors, administrators,
trustees and other fiduciaries, unless otherwise directed by the court having jurisdiction
of the fiduciary relation or by the document that is the source of the fiduciary's authority.
Such bonds shall be legal investments for savings banks and insurance companies organized
under the laws of the state. (Acts 1984, No. 84-179, p. 256, §18.)...
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41-10-367
Section 41-10-367 Investment of surplus proceeds from sale of bonds; disbursement of income
derived from such investments. Any portion of the principal proceeds derived from the sale
of the bonds which the board of directors may determine is not then needed for any of the
purposes for which the bonds are authorized to be issued shall, on order of the authority,
be invested by the State Treasurer in permitted investments which mature at such time or times
as the authority shall direct. Any such investments may, at any time and from time to time
on order of the authority, be sold or otherwise converted by the State Treasurer into cash.
The income derived from any such investments shall be disbursed on order of the authority
for any purpose for which it may lawfully expend funds. (Acts 1988, No. 88-475, p. 739, §18.)...

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41-29-505
Section 41-29-505 Deposit and investment of and disbursements from bond proceeds. (a) The proceeds
of all bonds, other than refunding bonds, issued by the authority remaining after paying expenses
of their issuance, shall be deposited in the state treasury and shall be carried in the state
treasury in a special or separate account or accounts. Such funds shall be subject to be drawn
upon by the authority, but any funds so withdrawn shall be used solely for the purposes for
which the bonds were issued as authorized in this article. (b) The state treasurer, with the
approval of the secretary of the authority, shall invest funds not needed by the authority
within the ensuing thirty days for any purpose for which they are held, which investments
shall be made in the manner authorized and provided for in Section 36-17-18. The state treasurer
and the authority may apply so much as may be necessary from the earnings on said investments
toward satisfaction of the arbitrage rebate requirements...
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45-37A-56.40
Section 45-37A-56.40 Eligibility of bonds as investments for trust funds. Bonds issued under
this subpart are hereby made legal investments for executors, administrators, trustees, and
other fiduciaries, unless otherwise directed by the court having jurisdiction of the fiduciary
relation or by the document that is the source of the fiduciary's authority. Such bonds shall
be legal investments for savings banks and insurance companies organized under the laws of
the state. (Acts 1971, No. 2079, p. 3335, §21.)...
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