(110 ILCS 405/6.5) (from Ch. 144, par. 48.6 1/2)
Sec. 6.5.
The State and all counties, cities, villages,
incorporated towns and other municipal corporations, political
subdivisions and public bodies, and public officers of any thereof, all
banks, bankers, trust companies, saving banks and institutions, building
and loan associations, 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 executors, administrators, guardians,
trustees and other fiduciaries may legally invest any sinking funds,
moneys or other funds belonging to them or within their control in any
revenue bonds issued pursuant to this Act, it being the purpose of this
section to authorize the investment in such revenue bonds of all
sinking, insurance, retirement, compensation, pension and trust funds,
whether owned or controlled by private or public persons or officers.
(Source: P.A. 87-895.)
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