It shall be lawful for banks, trust companies, insurance companies, loan and building corporations, building and loan associations, savings and loan associations, and other savings and/or investment institutions, guardians, executors, administrators, trustees and other fiduciaries, and all other persons, associations and corporations subject to the laws of this state, qualified thereto, to invest their funds and the moneys in their custody or possession eligible for investment in notes or bonds secured by mortgage or deed of trust insured or debentures issued, by the federal housing administrator [federal housing administration], and in securities and stocks of national mortgage associations.
Idaho Code § 68-402
Securities of federal housing administrator and national mortgage associations legal investments
1935, ch. 3, § 2, p. 14; am. 1935, ch. 127, § 2, p. 299; am. 1937, ch. 26, § 2, p. 36; am. 1957, ch. 108, § 1, p. 186.
Current official text: Idaho Statutes (Idaho Legislature). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Idaho statutes; confirm against the official source for the current text. Not legal advice.