Loans – purchase of bonds and notes
Subject to the provisions of Title 17, chapter 6, the board of investments may, upon terms and conditions as the board considers reasonable:
(1) loan money to the authority for deposit in the capital reserve account; and
(2) purchase bonds and notes issued by the authority.
| EnactedEn. SectionSec. 5, ChapterCh. 673, Laws ofL. 1991 |