SEC. 49-17-201. Bonds as investment securities under Uniform Commercial Code.
Whether or not any bonds of the district and interest coupons, if any, appertaining thereto would otherwise so qualify, such bonds and coupons are hereby made investment securities within the meaning and for all purposes of Article 8 of the Uniform Commercial Code as enacted in this state.
SOURCES: Laws, 1980, ch. 519, Sec. 21, eff from and after passage (approved May 20, 1980).