Any bonds issued under the provisions of this article are:

1. (1) eligible investments for the funds of any kind or character of every financial institution, insurance company, or private trust; and

2. (2) eligible for deposit by any financial institution, insurance company, or trustee under any Indiana law providing for the deposit of securities or funds.

   [Pre-2007 Higher Education Recodification Citation: 20-12-6-12.]

As added by P.L.2-2007, SEC.275.