- Alaska Statutes.
- Title 37. Public Finance
- Chapter 15. Bonding
- Section 595. Bonds as Legal Investments.
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. Statutory Construction.
AS 37.15.595. Bonds as Legal Investments.
The bonds are legal investments for all banks, trust companies, savings banks, savings and loan associations, and other
persons carrying on a banking business, all insurance companies and other persons carrying on an insurance business,
and all executors, administrators, trustees, and other fiduciaries. The bonds may be accepted as security for deposits
of all money of the state and its political subdivisions.
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